Outlook: Continued progress
FY15 results demonstrated that significant investment, particularly in interconnectors, has provided Jersey Electricity (JEL) with a solid platform from which to deliver returns to shareholders and, at the same time, offer its customers attractive prices, improved security of supply and low-carbon electricity. We now expect a period of stable returns on an asset base that should continue to grow as JEL invests.Jersey Electricity is the sole supplier of electricity in Jersey. Co. is involved in the generation and distribution of electricity and jointly operates the Channel Islands Electricity Grid System with Guernsey Electricity Limited importing power for both islands. Co. also engages in retailing, property management, building services and has other business interests, including software development and consulting. Co.'s business segments are: energy; building services; retail; property; as well as other segments, which includes Co.'s Jersey Energy, Jendev and Jersey Deep Freeze Limited business units.
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