LINES OF CREDIT AND SHORT-TERM BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2021

Line of Credit Facility [Abstract]

Schedule of lines of credit

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

Company	Total Facility		Usage			Available Liquidity		Expiration Date
SJI:
SJI Syndicated Revolving Credit Facility	$	500,000	$	61,300	(A)	$	438,700	September 2026
SJG:
Commercial Paper Program/Revolving Credit Facility	250,000		82,900		(B)	167,100		September 2026
ETG:
ETG Revolving Credit Facility	250,000		11,000		(C)	239,000		September 2026
Total	$	1,000,000	$	155,200		$	844,800

(A) Includes letters of credit outstanding in the amount of $9.8 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 $1.9 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:

	September 30, 2021		September 30, 2020
Weighted average interest rate on borrowings:
SJI (inclusive of SJG, ETG and SJIU)	0.69	%	1.26	%
SJG	0.18	%	0.23	%

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2021		2020		2021		2020
Average borrowings outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	83,500	$	359,600	$	169,000	$	516,800
SJG	$	47,000	$	154,400	$	24,200	$	149,000
Maximum amounts outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	159,800	$	546,700	$	452,900	$	872,200
SJG	$	87,300	$	187,000	$	87,300	$	187,000