DEBT (Tables)

6 Months Ended

Mar. 31, 2013

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)	March 31, 2013			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	$	107,500		$	135,000
Weighted average interest rate at end of period	0.17		%	0.18		%
Amount available at end of period	$	142,500		$	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	$	180,600		$	144,800
Weighted average interest rate at end of period	1.15		%	1.16		%
Amount available at end of period (5)	$	125,510		$	166,339

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

(2) There were no borrowings outstanding as of March 31, 2013 and September 30, 2012, respectively.

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

(4) NJR's ability to issue debt under the $100 million and $75 million debt shelf facilities expires May 2013 and June 2014, respectively.

(5) Letters of credit outstanding total $18.9 million and $13.9 million as of March 31, 2013 and September 30, 2012, respectively, which reduces amount available.