LINES OF CREDIT AND SHORT-TERM BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2021

Line of Credit Facility [Abstract]

Schedule of lines of credit

Credit facilities and available liquidity as of June 30, 2021 were as follows (in thousands):

Company	Total Facility		Usage			Available Liquidity		Expiration Date
SJI:
SJI Syndicated Revolving Credit Facility	$	500,000	$	9,500	(A)	$	490,500	August 2022
Total SJI	500,000		9,500			490,500
SJG:
Commercial Paper Program/Revolving Credit Facility	200,000		26,100		(B)	173,900		August 2022
Uncommitted Bank Line	10,000		—			10,000		September 2021
Total SJG	210,000		26,100			183,900
ETG/SJIU:
ETG/SJIU Revolving Credit Facility	200,000		1,000		(C)	199,000		April 2023
Total	$	910,000	$	36,600		$	873,400

(A) Includes letters of credit outstanding in the amount of $9.5 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 $1.4 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.

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

	June 30, 2021		June 30, 2020
Weighted average interest rate on borrowings:
SJI (inclusive of SJG, ETG and SJIU)	0.18	%	1.27	%
SJG	0.18	%	0.74	%

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Average borrowings outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	57,100	$	416,600	$	211,800	$	595,300
SJG	$	4,400	$	140,000	$	12,800	$	146,300
Maximum amounts outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	177,100	$	570,300	$	452,900	$	872,200
SJG	$	24,700	$	160,500	$	47,500	$	171,700