Does Jersey Electric have a sustainable strategy?

Jersey Electricity has long been a key driver of Jersey’s reduction in carbon emissions by providing the community with low-carbon power. Chief Executive Chris Ambler sets out the Company’s strategy for further climate action, including a Sustainability Framework for achieving the Company’s net-zero carbon goals.

Will Jersey electricity be a cost saving opportunity?

Jersey Electricity will continue its efforts to be as efficient as possible, restrain any price increases as well as help consumers mitigate the other driver of bills, consumption, which we believe presents a significant cost saving opportunity for many households in Jersey.

Does Jersey need electricity?

It is also worth nothing that unlike other jurisdictions, where Governments are heavily subsidising electricity process, no such measures have been applied in Jersey. We imported 95% of the electricity requirements of Jersey from Europe this year.

Does Jersey electricity have a zero-carbon future?

Jersey Electricity has a well-invested low carbon electricity system that is well positioned to facilitate a zero-carbon future. Further investment is planned to meet the expected increase in electricity demand from the Government of Jersey’s carbon neutrality ambitions.

What is the Jersey electricity pension scheme?

The Company sponsors a funded defined benefit pension plan for qualifying Jersey employee – the Jersey Electricity Pension Scheme. The Scheme is administered by a separate board of Trustees, which is legally separate from the Company. The Trustees are composed of representatives of both the employer and employees.

Can Jersey electricity achieve a net-zero carbon strategy?

The actual and potential impacts of climate change presents Jersey Electricity with both risks and opportunities on its journey to achieve its ambitious net-zero carbon strategy. These risks and opportunities, along with a summary of the work we are doing to address them are presented in the next table.