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and standards. 

In this regard the Company continues to support the Feed-In Tariff (“FIT”) programme. To date there are nine customers signed up to this ERA supported initiative. The programme will be reviewed in early 2012 as part of its one-year anniversary. We see this review as an opportunity to increase penetration of consumer-owned renewables and we look forward to the opportunity to supplement our reliable diesel supply with other cost- effective and environmentally friendly options. 

Today, the Company remains fully dependent on diesel fuel for generation. 

## Human Resources and Training 

The Company remained committed throughout 2011 to retaining our well qualified employee complement. CUC provided employees, 92% of whom are Caymanian, with the training necessary to excel in their respective fields and to ensure that they are afforded the opportunity to assume positions of responsibility within the organisation. The Company recognises that an ongoing human resource development programme is essential to ensuring the continued growth and success of the Company. While off-island training was reduced, employees were exposed to a number of training opportunities in-house 

and attended various courses offered on Island. Training continued for supervisors, customer service representatives and all technical staff. 

The Reward and Recognition Programme, specifically the “Shine the Light” Award which recognises and rewards employees’ significant achievements and contributions, continued to highlight employees who went beyond the call of duty throughout 2011. 

We congratulate our 2011 Employee of the Year, Ms. Angella McLean from the Customer Service Department. 

CUC established its scholarship programme in 1989 and since 

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