Eskom is in a death spiral – IRR
Eskom is in a death spiral – IRR 1 February 2021 - "Eskom wants South Africans with solar panels to pay more for electricity" – this is a cry for help from a power monopolist in a utility death spiral. "Eskom wants South Africans with solar panels to pay more for electricity" – this is a cry for help from a power monopolist in a utility death spiral. A utility such as Eskom enters into a death spiral when customers use less of its product. The utility then raises prices to recoup the revenue lost through lower sales volumes. The higher prices incentivise more customers to use less of th...