Jersey Electricity plc

Company type	Public limited company
Industry	Energy
Founded	April 1924[1]
Headquarters	Jersey
Key people	Phil Austin, Chairman, Chris Ambler, CEO
Website	Official website

The Jersey Electricity Company or Jersey Electricity (informally JEC or JE) is a public limited company, and the sole provider for electricity in Jersey. The JEC has two sites around the island: Queen's Road, St Helier, the site of two Rolls-Royce Olympus gas turbines and La Collette Power Station where there are five Sulzer Diesel turbines, one Rolls-Royce Olympus turbine, and three Parsons steam turbines.

History

The Jersey Electricity Company was founded in April 1924, with a small generating station at the end of Albert Pier. Within a decade it had moved to a new, bigger power station at Queen's Road, the site of today's Powerhouse retail park and administration offices.

By the 1960s, increased demand for electricity meant a move to an even bigger station. The company was listed on the London Stock Exchange to raise capital for the building of La Collette Power Station that served the island for over 50 years. Today, La Collette is the controlling hub of a transmission network that includes three multi-million-pound undersea supply cables that import 95% as low-carbon power from France.^[2] Its generating plant is maintained for emergency back-up only as Jersey now benefits from a decarbonised electricity supply.^[3] The security of this supply has been called into question, however, after recent threats by the French government relating to retaliation over fishing rights.^[4]

Group

The JEC group includes many varied businesses including JE Building Services, Jendev, Channel Islands Electricity Grid a joint-venture, Jersey Energy, Foreshore, Jersey Deep Freeze Ltd, Jersey Electricity Retail.

Retail

The group also own a retail store, called The Powerhouse. The store sells home appliances and technology products.

In 2014, half of the store was let to Sports Direct.