LINES OF CREDIT AND SHORT-TERM BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2022

Line of Credit Facility [Abstract]

Schedule of Credit Facilities and Available Liquidity

Credit facilities and available liquidity as of September 30, 2022 were as follows (in thousands):

Company	Total Facility		Usage			Available Liquidity		Expiration Date
SJI:
SJI Syndicated Revolving Credit Facility	$	500,000	$	7,100	(A)	$	492,900	September 2026
SJG:
Commercial Paper Program/Revolving Credit Facility	250,000		97,300		(B)	152,700		September 2026
ETG:
ETG Revolving Credit Facility	250,000		107,800		(C)	142,200		September 2026
Total	$	1,000,000	$	212,200		$	787,800

(A) Includes letters of credit outstanding in the amount of $7.1 million, which is used 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) There are currently no letters of credit outstanding that support ETG's construction activity.

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

	September 30, 2022		September 30, 2021
Weighted average interest rate on borrowings:
SJI (inclusive of SJG, ETG and SJIU)	3.90	%	0.69	%
SJG	1.42	%	0.18	%

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Average borrowings outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	249,350	$	83,500	$	209,811	$	169,000
SJG	$	40,150	$	47,000	$	35,644	$	24,200
Maximum amounts outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	366,800	$	159,800	$	375,300	$	452,900
SJG	$	110,300	$	87,300	$	110,300	$	87,300