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DEBT (Tables)

3 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

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



(Thousands)	December 31, 2012				September 30, 2012				Maturity Dates
NJNG
Bank credit facility dedicated to EDA Bonds ^{(1) (2)}	$	100,000			$	100,000			August 2015
Bank credit facilities ⁽¹⁾	$	250,000			$	200,000			August 2014
Amount outstanding at end of period	$	204,800			$	135,000
Weighted average interest rate at end of period	0.19		%		0.18		%
Amount available at end of period	$	45,200			$	65,000
NJR
Debt shelf facilities ^{(3) (4)}	$	175,000			$	175,000			Various
Amount outstanding at end of period	$	100,000			$	100,000
Weighted average interest rate at end of period	2.74		%		2.74		%
Amount available at end of period	$	75,000			$	75,000
Bank credit facilities⁽¹⁾	$	325,000			$	325,000			August 2017
Amount outstanding at end of period	$	189,600			$	144,800
Weighted average interest rate at end of period	1.11		%		1.16		%
Amount available at end of period ⁽⁵⁾	$	116,510			$	166,339


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


(2)	There were no borrowings outstanding as of December 31, 2012 and September 30, 2012, respectively.


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


(4)	$100 million debt shelf expires May 2013 and $75 million debt shelf expires June 2014.


(5)	Letters of credit outstanding total $18.9 million and $13.9 million as of December 31, 2012 and September 30, 2012, respectively, which reduces amount available.