SEGMENTS OF BUSINESS (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Segments of Business

Information about SJI’s operations in different reportable operating segments is presented below (in thousands).

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Operating Revenues:
SJI Utilities:
SJG Utility Operations	$	112,720	$	69,958	$	557,585	$	412,572
ETG Utility Operations	42,155		37,072		279,733		248,098
Subtotal SJI Utilities	154,875		107,030		837,318		660,670
Energy Management:
Wholesale Energy Operations	452,130		247,402		1,103,106		669,067
Retail Services	1,919		5,360		5,759		13,382
Subtotal Energy Management	454,049		252,762		1,108,865		682,449
Energy Production:
Renewables	7,409		7,352		18,321		17,980
Decarbonization	—		—		—		—
Subtotal Energy Production	7,409		7,352		18,321		17,980
Corporate and Services	15,102		13,577		46,798		39,416
Subtotal	631,435		380,721		2,011,302		1,400,515
Intersegment Sales	(22,917)		(15,090)		(66,775)		(48,756)
Total Operating Revenues	$	608,518	$	365,631	$	1,944,527	$	1,351,759

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Operating (Loss) Income:
SJI Utilities:
SJG Utility Operations	$	(2,741)	$	(1,961)	$	137,787	$	133,350
ETG Utility Operations	(12,262)		5,634		49,523		66,521
Subtotal SJI Utilities	(15,003)		3,673		187,310		199,871
Energy Management:
Wholesale Energy Operations	21,551		(15,534)		7,326		(5,393)
Retail Services	680		849		1,778		763
Subtotal Energy Management	22,231		(14,685)		9,104		(4,630)
Energy Production:
Renewables	1,240		1,787		2,252		4,920
Decarbonization	(257)		(63)		(1,015)		(71)
Subtotal Energy Production	983		1,724		1,237		4,849
Corporate and Services	(4,028)		315		(7,014)		(626)
Total Operating (Loss) Income	$	4,183	$	(8,973)	$	190,637	$	199,464

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Property Additions:
SJI Utilities:
SJG Utility Operations	$	70,100	$	64,988	$	177,099	$	186,948
ETG Utility Operations	72,340		58,923		182,197		158,953
Subtotal SJI Utilities	142,440		123,911		359,296		345,901
Energy Management:
Wholesale Energy Operations	23		4		(11)		6
Retail Services	—		—		—		—
Subtotal Energy Management	23		4		(11)		6
Energy Production:
Renewables	23,317		6,471		34,174		24,458
Decarbonization	54,283		8,140		93,399		10,014
Subtotal Energy Production	77,600		14,611		127,573		34,472
Midstream	—		11		—		19
Corporate and Services	1,242		747		3,562		3,105
Total Property Additions	$	221,305	$	139,284	$	490,420	$	383,503

	September 30, 2022		December 31, 2021
Identifiable Assets:
SJI Utilities:
SJG Utility Operations	$	3,857,493	$	3,767,897
ETG Utility Operations	2,956,797		2,788,465
Subtotal SJI Utilities	6,814,290		6,556,362
Energy Management:
Wholesale Energy Operations	400,963		278,995
Retail Services	23,008		25,741
Subtotal Energy Management	423,971		304,736
Energy Production:
Renewables	222,895		195,791
Decarbonization	306,816		138,787
Subtotal Energy Production	529,711		334,578
Midstream	—		8,970
Discontinued Operations	27		47
Corporate and Services	508,817		370,899
Intersegment Assets	(358,868)		(266,920)
Total Identifiable Assets	$	7,917,948	$	7,308,672