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Eskom's existential threat
South Africa's state-owned power utility faces an existential threat, with many wealthier customers installing rooftop solar systems to avoid power interruptions and rapidly increasing electricity fees.
Many of these customers are likely reliable when it comes to paying their electricity bills, and as electricity tariffs continue to increase, more will likely switch to alternative power sources, further reducing demand for its services.
South Africa's state-owned power utility faces an existential threat, with many wealthier customers installing rooftop solar systems to avoid power interruptions and rapidly increasing electricity fees.
Many of these customers are likely reliable when it comes to paying their electricity bills, and as electricity tariffs continue to increase, more will likely switch to alternative power sources, further reducing demand for its services.