Jersey Electricity plc announced interim management statement for the period from October 1, 2012 to January 24, 2013. For the period, the company reported unit sales of electricity rose by 6%, compared with the same period in the prior year. This rise resulted from an unusually warm winter in 2011/12, although the temperature in the first quarter of 2012-2013 financial year was still marginally higher than the long-term average for this period.

Revenues in Energy Division rose in line with the rise in unit sales. In the period from 1 January 2013 to January 24, 2013 electricity unit sales were at a higher level than last year, as expected, because January 2012 was again mild. The cash balance at the end of December 2012 was £6 million against £14 million at the last financial year end but as indicated above, the Normandie 3 capital expenditure will move the company into an expected debt position during 2013.