Load shedding continues to significantly reshape the attitudes of homeowners, and the expectations of buyers and sellers, in the South African property market.
However, the financial impact is easier to observe. Having to leave for work earlier to make up for traffic lights being out and returning home later for the same reason, perhaps to a dark house, means people have to make other plans for dinner. These and many other problems make investing in alternative energy equipment, such as an inverter, generator or solar panels, not only convenient but also financially beneficial for many households.
Area is also an important consideration. For instance, the ongoing trend of semigration to Cape Town continues to be driven by the promise of better service delivery, including more reliable electricity infrastructure and electricity supply in the city and its surrounding districts. City residents are shielded from several stages of load shedding as a result of the City of Cape Town’s initiatives.