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DEBT (Tables)

9 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities [Table Text Block]

A summary of NJR's and NJNG's debt shelf and credit facilities are as follows:



(Thousands)	June 30, 2012				September 30, 2011				Maturity Dates
NJR
Debt shelf facilities ^{(1) (2) (3)}	$	175,000			$	175,000			Various⁽³⁾
Bank credit facilities⁽⁴⁾	$	325,000			$	325,000			December 2012
Notes payable outstanding at end of period	$	218,000			$	132,850
Weighted average interest rate at end of period	0.56		%		0.54		%
Amount available at end of period ⁽⁵⁾	$	98,464			$	157,853
NJNG
Bank credit facility dedicated to EDA Bonds ^{(2) (4)}	$	100,000			$	100,000			August 2015
Bank credit facilities ⁽⁴⁾	$	200,000			$	200,000			August 2014
Commercial paper outstanding at end of period	$	82,000			$	26,500
Weighted average interest rate at end of period	0.19		%		0.24		%
Amount available at end of period	$	118,000			$	173,500


(1)	Uncommitted, long-term debt shelf facilities, which require no commitment fees on the unused amounts.


(2)	There were no borrowings outstanding as of June 30, 2012 and September 30, 2011, respectively.


(3)	$100 million debt shelf expires May 2013 and $75 million debt shelf expires June 2014.


(4)	Committed credit facilities, which require commitment fees on the unused amounts.


(5)	Letters of credit outstanding total $8.5 million and $34.3 million as of June 30, 2012 and September 30, 2011, respectively, which reduces amount available.