REGULATORY ASSETS AND REGULATORY LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2021

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule of regulatory assets

The Utilities' Regulatory Assets as of June 30, 2021 and December 31, 2020 consisted of the following items (in thousands):

	June 30, 2021
	SJG		ETG		Total SJI
Environmental Remediation Costs:
Expended - Net	$	149,501	$	11,045	$	160,546
Liability for Future Expenditures	101,679		83,833		185,512
Insurance Recovery Receivables	—		(6,807)		(6,807)
Deferred ARO Costs	45,053		29,160		74,213
Deferred Pension Costs - Unrecognized Prior Service Cost	—		32,504		32,504
Deferred Pension and Other Postretirement Benefit Costs	77,426		8,466		85,892
Deferred Gas Costs - Net	24,208		—		24,208
CIP Receivable	7,179		—		7,179
SBC Receivable (excluding RAC)	4,694		—		4,694
Deferred Interest Rate Contracts	8,444		—		8,444
EET/EEP	17,162		2,866		20,028
Pipeline Supplier Service Charges	388		—		388
Pipeline Integrity Cost	6,420		—		6,420
AFUDC - Equity Related Deferrals	12,030		—		12,030
WNC	—		5,510		5,510
Other Regulatory Assets	25,804		23,611		49,415
Total Regulatory Assets	$	479,988	$	190,188	$	670,176

	December 31, 2020
	SJG		ETG		Total SJI
Environmental Remediation Costs:
Expended - Net	$	157,340	$	5,196	$	162,536
Liability for Future Expenditures	101,243		91,837		193,080
Insurance Recovery Receivables	—		(6,807)		(6,807)
Deferred ARO Costs	42,365		25,453		67,818
Deferred Pension Costs - Unrecognized Prior Service Cost	—		33,898		33,898
Deferred Pension and Other Postretirement Benefit Costs	77,426		8,466		85,892
Deferred Gas Costs - Net	19,178		—		19,178
CIP Receivable	21,013		—		21,013
SBC Receivable (excluding RAC)	3,453		—		3,453
Deferred Interest Rate Contracts	9,938		—		9,938
EET/EEP	18,725		3,062		21,787
Pipeline Supplier Service Charges	434		—		434
Pipeline Integrity Cost	6,091		—		6,091
AFUDC - Equity Related Deferrals	11,822		—		11,822
WNC	—		7,444		7,444
Other Regulatory Assets	26,056		10,359		36,415
Total Regulatory Assets	$	495,084	$	178,908	$	673,992

Schedule of regulatory liabilities

The Utilities Regulatory Liabilities as of June 30, 2021 and December 31, 2020 consisted of the following items (in thousands):

	June 30, 2021
	SJG		ETG		Total SJI
Excess Plant Removal Costs	$	11,821	$	33,864	$	45,685
Excess Deferred Taxes	213,588		112,445		326,033
Deferred Gas Costs - Net	—		27,550		27,550
Amounts to be Refunded to Customers	—		4,250		4,250
Other Regulatory Liabilities	—		1,308		1,308
Total Regulatory Liabilities	$	225,409	$	179,417	$	404,826

	December 31, 2020
	SJG		ETG		Total SJI
Excess Plant Removal Costs	$	12,666	$	37,953	$	50,619
Excess Deferred Taxes	232,694		113,888		346,582
Deferred Gas Costs - Net	—		15,322		15,322
Amounts to be Refunded to Customers	—		6,969		6,969
Other Regulatory Liabilities	—		1,085		1,085
Total Regulatory Liabilities	$	245,360	$	175,217	$	420,577