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DEBT (Tables)

6 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Schedule of Line of Credit Facilities

A summary of NJR's credit facility and NJNG's commercial paper program and credit facility are as follows:



(Thousands)	March 31, 2015				September 30, 2014				Expiration Dates
NJR
Bank revolving credit facilities⁽¹⁾	$	425,000			$	425,000			August 2017
Notes outstanding at end of period	$	—			$	148,000
Weighted average interest rate at end of period	—		%		1.08		%
Amount available at end of period ⁽²⁾	$	417,345			$	256,484
Bank revolving credit facilities⁽³⁾	$	100,000			$	—			October 2015
Amount available at end of period	$	100,000			$	—
NJNG
Bank revolving credit facilities ⁽¹⁾	$	250,000			$	250,000			May 2019
Commercial paper outstanding at end of period	$	146,000			$	153,000
Weighted average interest rate at end of period	0.18		%		0.12		%
Amount available at end of period ⁽⁴⁾	$	103,269			$	96,269


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


(2)	Letters of credit outstanding total $7.7 million and $20.5 million as of March 31, 2015 and September 30, 2014, respectively, which reduces amount available by the same amount.


(3)	Uncommitted credit facilities, which require no commitment fees.


(4)	Letters of credit outstanding total $731,000 and $731,000 as of March 31, 2015 and September 30, 2014, respectively, which reduces the amount available by the same amount.