|Public limited company|
|Geoffrey Grime, Chairman, Chris Ambler, CEO|
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, Queens Road, St Helier, the site of 2 Rolls Royce Olympus gas turbines and La Collette Power Station where there are 5 Sulzer Diesels, 1 Rolls Royce Olympus, and 3 Parsons steam turbines.
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, site of today's Powerhouse retail park and administration offices. By the Sixties, 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 undersea supply cables that import low carbon power from France. Its generating plant is maintained for emergency back-up only as Jersey now benefits from an almost completely secure, decarbonised electricity supply.
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, Phone Factory, Beyond Computers, Imagination.
The group also own a retail store, called The Powerhouse. The store sells home appliances, technology products and toys.
In 2014, half of the store was let to Sports Direct.
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