LINES OF CREDIT AND SHORT-TERM BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2020

Line of Credit Facility [Abstract]

Schedule of lines of credit

Credit facilities and available liquidity as of September 30, 2020 were as follows (in thousands):

Company	Total Facility		Usage			Available Liquidity		Expiration Date
SJI:
SJI Syndicated Revolving Credit Facility	$	500,000	$	199,300	(A)	$	300,700	August 2022
Term Loan Credit Agreement	150,000		150,000			—		March 2021
Total SJI	650,000		349,300			300,700
SJG:
Commercial Paper Program/Revolving Credit Facility	200,000		108,700		(B)	91,300		August 2022
Uncommitted Bank Line	10,000		—			10,000		September 2021 (D)
Total SJG	210,000		108,700			101,300
ETG/SJIU:
ETG/SJIU Revolving Credit Facility	200,000		150,400		(C)	49,600		April 2022
Total	$	1,060,000	$	608,400		$	451,600

(A) Includes letters of credit outstanding in the amount of $9.6 million, which is used to enable SJE to market retail electricity as well as for various construction and operating activities.

(B) Includes letters of credit outstanding in the amount of $0.8 million, which supports the remediation of environmental conditions at certain locations in SJG's service territory.

(C) Includes letters of credit outstanding in the amount of $1.0 million, which supports ETG's construction activity.

(D) SJG renewed this facility during the third quarter of 2020.

The weighted average interest rate on these borrowings, which changes daily, were as follows:

	September 30, 2020		September 30, 2019
Weighted average interest rate on borrowings:
SJI (inclusive of SJG, ETG and SJIU)	1.26	%	3.00	%
SJG	0.23	%	2.39	%

Average borrowings and maximum amounts outstanding on these facilities were as follows (in thousands):

	Nine Months Ended September 30, 2020		Nine Months Ended September 30, 2019
Average borrowings outstanding, not including LOC:
SJI (inclusive of SJG, ETG and SJIU)	$	516.8	$	487.8
SJG	$	149.0	$	96.2
Maximum amounts outstanding:
SJI (inclusive of SJG, ETG and SJIU)	$	872.2	$	882.7
SJG	$	187.0	$	175.3