DEBT (Tables)

3 Months Ended

Dec. 31, 2021

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)	December 31, 2021			September 30, 2021			Expiration Dates
NJR
Bank revolving credit facilities (1)	$	500,000		$	500,000		September 2026
Notes outstanding at end of period	$	310,550		$	219,100
Weighted average interest rate at end of period	1.13		%	1.05		%
Amount available at end of period (2)	$	169,862		$	270,312
NJNG
Bank revolving credit facilities (3)	$	250,000		$	250,000		September 2026
Commercial paper and notes outstanding at end of period	$	177,400		$	158,200
Weighted average interest rate at end of period	0.55		%	0.17		%
Amount available at end of period (4)	$	71,869		$	91,069

(1)Committed credit facilities, which require commitment fees of 0.10 percent on the unused amounts.

(2)Letters of credit outstanding total $19.6 million at December 31, 2021 and $10.6 million at September 30, 2021, which reduces the amount available by the same amount.

(3)Committed credit facilities, which require commitment fees of 0.075 percent on the unused amounts.

(4)Letters of credit outstanding total $731,000 at both December 31, 2021 and September 30, 2021, which reduces the amount available by the same amount.