It's My House: Solar energy and property value

Loading player...
Energy supply is a critical factor when it comes to social and economic activities. Without a stable supply of energy, economic activities are hampered and often damaged irreparably. Economic industries need consistent energy supply to achieve their business objectives just like households depend on a reliable supply of energy for lighting, food storage, cooling, cooking and entertainment. South Africa’s energy supply mix is derived from various sources such as fossil fuels like coal and oil, natural gas, hydroelectricity, wind, geothermal energy, solar, etc.

STATE OF SOLAR ENERGY SUPPLY IN SOUTH AFRICA
Through the department of energy, the government has capitalised on the abundant sunshine the country enjoys to initiate solar energy projects and increase the country’s generational capacity. It is estimated that South Africa gets exposed to about 2,500 hours of sunshine per year, with average direct solar radiation levels ranging between 4.5 and 6.5 kWh/m2 (kilowatt-hours per square meter per day).
This has led to major development of solar plants across the country through government as well as public and private sector partnerships. Some of these include Kathu, the largest solar park in South Africa which produces about 100MW, the Jasper Solar Power Project which produces 96MW, the Solar Capital De Aar Project with a combined capacity of 175 MW, and Kalkbult solar power which produces 75MW. It is expected that the country will produce about 8,400 MW of solar energy by 2030.
15 Mar 2022 5AM English South Africa Business News · Investing

Other recent episodes

Manufacturing Slips: June Absa PMI Signals Q2 Strain

Absa Economist Sello Sekele unpacks June’s PMI decline from 50.8 to 47.3, the impact of easing Middle East tensions on fuel prices, the sharp drop in purchasing price pressures, weakening demand as buyers delay purchases, and why employment and inventories point to continued strain in South Africa’s manufacturing sector.
2 Jul 1PM 12 min

Tax Season Scams: AI Fraud, WhatsApp Spoofing & Digital Red Flags

Cybercriminals are exploiting tax‑season anxiety with AI‑generated phishing emails, cloned SARS websites, WhatsApp spoofing and payroll‑related scams. Lucas Molefe explains why 2026 is a high‑risk year, how scammers mimic official communication, and the digital hygiene habits that protect your identity and refund. Essential listening for every taxpayer.
2 Jul 1PM 9 min

Tax Season 2026: Must-Knows with Commissioner Dr. Johnstone Makhubu

SARS Commissioner Dr. Johnstone Makhubu unpacks the 2026 Filing Season, from the phased rollout and enhanced risk engine to the rise of auto‑assessments. He explains how taxpayers should interpret assessments, and navigate a more targeted audit environment. A clear, practical guide to filing smarter this year.
2 Jul 12PM 17 min

The Second Bond: The Hidden Costs Homebuyers Miss

Jonathan Kohler exposes the “second bond” — the monthly bill homeowners face before paying their actual home loan. From R4,000–R7,000 in Johannesburg and Cape Town to over R11,500 in Umhlanga, we unpack levies, utilities, maintenance, special levies and municipal tariffs that determine true affordability. A must‑listen for buyers, investors and…
1 Jul 1PM 27 min

SA New Vehicle Sales post strongest June result since 2007

South Africa’s new vehicle market delivered a standout June performance despite inflation, fuel price spikes and weaker consumer confidence. Dr Paulina Mamogobo, Chief Economist at NAAMSA, breaks down the domestic resilience, export pressures, shifting macroeconomic signals, and what these trends mean for the industry heading into the second half of…
1 Jul 12PM 20 min