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REVENUE (Tables)
 6 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Performance Obligation, Recognition Period
Below is a listing of performance obligations that arise from contracts with customers, along with details on the satisfaction of each performance obligation, the significant payment terms and the nature of the goods and services being transferred, by reporting segment and other business operations:
Revenue Recognized Over Time:
Segment/
Operations		Performance ObligationDescription
Natural Gas DistributionNatural gas utility salesNJNG's performance obligation is to provide natural gas to residential, commercial and industrial customers as demanded, based on regulated tariff rates, which are established by the BPU. Revenues from the sale of natural gas are recognized in the period that natural gas is delivered and consumed by customers, including an estimate for quantities consumed but not billed during the period. Payment is due each month for the previous month's deliveries. Natural gas sales to individual customers are based on meter readings, which are performed on a systematic basis throughout the billing period. The unbilled revenue estimates are based on estimated customer usage by customer type, weather effects and the most current tariff rates. NJNG is entitled to be compensated for performance completed until service is terminated.

Customers may elect to purchase the natural gas commodity from NJNG or may contract separately to purchase natural gas directly from third-party suppliers. As NJNG is acting as an agent on behalf of the third-party supplier, revenue is recorded for the delivery of natural gas to the customer.
Clean Energy VenturesCommercial solar electricity
Clean Energy Ventures operates wholly-owned solar projects that recognize revenue as electricity is generated and transferred to the customer. The performance obligation is to provide electricity to the customer in accordance with contract terms or the interconnection agreement and is satisfied upon transfer of electricity generated.

Revenue is recognized as invoiced and the payment is due each month for the previous month's services.
Clean Energy VenturesResidential solar electricity
Clean Energy Ventures provides access to residential rooftop and ground-mount solar equipment to customers who then pay the Company a monthly fee. The performance obligation is to provide electricity to the customer based on generation from the underlying residential solar asset and is satisfied upon transfer of electricity generated.

Revenue is derived from the contract terms and is recognized as invoiced, with the payment due each month for the previous month's services.
Clean Energy VenturesRenewable energy certificatesCertain Clean Energy Ventures projects generate TRECs and SREC IIs under the established administratively determined incentive program. A TREC or SREC II is created for every MWh of electricity produced by a solar generator. The performance obligation of Clean Energy Ventures is to generate electricity. TRECs and SREC IIs under the administratively determined incentive program are purchased monthly by a REC Administrator.

Revenue is recognized upon generation.
Energy ServicesNatural gas services
The performance obligation of Energy Services is to provide the customer transportation, storage and asset management services on an as-needed basis. Energy Services generates revenue through management fees, demand charges, reservation fees and transportation charges centered around the buying and selling of the natural gas commodity, representing one series of distinct performance obligations.

Revenue is recognized based upon the underlying natural gas quantities physically delivered and the customer obtaining control. Energy Services invoices customers in line with the terms of the contract and based on the services provided. Payment is due upon receipt of the invoice. For temporary releases of pipeline capacity, revenue is recognized on a straight-line basis over the agreed upon term.
Revenue Recognized Over Time (continued):
Segment/
Operations		Performance ObligationDescription
Storage and Transportation
Natural gas services
The performance obligation of Storage and Transportation is to provide the customer with storage and transportation services. Storage and Transportation generates revenues from firm storage contracts and transportation contracts, injection and withdrawal at the storage facility and the delivery of natural gas to customers. Revenue is recognized over time as customers receive the benefits of its service as it is performed on their behalf using an output method based on actual deliveries.

Demand fees are recognized as revenue over the term of the related agreement.
Home Services and OtherService contracts
Home Services enters into service contracts with homeowners to provide maintenance and replacement services of applicable heating, cooling or ventilation equipment. NJR Retail enters into warranty contracts with homeowners for various appliances. All services provided relate to a distinct performance obligation which is to provide services for the specific equipment over the term of the contract.

Revenue is recognized on a straight-line basis over the term of the contract and payment is due upon receipt of the invoice.
Revenue Recognized at a Point in Time:
Energy ServicesNatural gas services
For a permanent release of pipeline capacity, the performance obligation of Energy Services is the release of the pipeline capacity associated with certain natural gas transportation contracts and the transfer of the underlying contractual rights to the counterparty.

Revenue is recognized upon the transfer of the underlying contractual rights.
Storage and Transportation
Natural gas services
The performance obligation of Storage and Transportation is to provide the customer with storage and transportation services. Storage and Transportation generates revenues from usage fees and hub services for the use of storage space, injection and withdrawal from the storage facility. Hub services include park and loan transactions and wheeling.

Usage fees and hub services revenues are recognized as services are performed.
Home Services and OtherInstallations
Home Services installs appliances, including but not limited to, furnaces, air conditioning units, boilers and generators for customers. The distinct performance obligation is the installation of the contracted appliance, which is satisfied at the point in time the item is installed.

The transaction price for each installation differs accordingly. Revenue is recognized at a point in time upon completion of the installation, which is when the customer is billed.
Disaggregation of Revenue
Disaggregated revenues from contracts with customers by product line and by reporting segment and other business operations during the three months ended March 31, 2023 and 2022, are as follows:
(Thousands)Natural Gas DistributionClean Energy VenturesEnergy ServicesStorage and TransportationHome Services
and Other		Total
2023
Natural gas utility sales (1)
$327,198 — — — — $327,198 
Natural gas services— — 16,836 20,887 — 37,723 
Service contracts— — — — 8,739 8,739 
Installations and maintenance— — — — 4,709 4,709 
Renewable energy certificates— 2,085 — — — 2,085 
Electricity sales— 6,084 — — — 6,084 
Eliminations (2)
(338)— — (1,584)(183)(2,105)
Revenues from contracts with customers326,860 8,169 16,836 19,303 13,265 384,433 
Alternative revenue programs (3)
27,270 — — — — 27,270 
Derivative instruments46,370 6,237 (4)179,894 — — 232,501 
Eliminations (2)
— — (177)— — (177)
Revenues out of scope73,640 6,237 179,717 — — 259,594 
Total operating revenues$400,500 14,406 196,553 19,303 13,265 $644,027 
2022
Natural gas utility sales (1)
$381,861 — — — — $381,861 
Natural gas services— — 17,309 13,342 — 30,651 
Service contracts— — — — 8,492 8,492 
Installations and maintenance— — — — 4,730 4,730 
Renewable energy certificates— 1,019 — — — 1,019 
Electricity sales— 6,846 — — — 6,846 
Eliminations (2)
(338)— — (537)(81)(956)
Revenues from contracts with customers381,523 7,865 17,309 12,805 13,141 432,643 
Alternative revenue programs (3)
2,504 — — — — 2,504 
Derivative instruments79,447 3,962 (4)395,336 — — 478,745 
Eliminations (2)
— — (1,576)— — (1,576)
Revenues out of scope81,951 3,962 393,760 — — 479,673 
Total operating revenues$463,474 11,827 411,069 12,805 13,141 $912,316 
(1)Includes building rent related to the Wall headquarters, which is eliminated in consolidation.
(2)Consists of transactions between subsidiaries that are eliminated in consolidation.
(3)Includes CIP revenue.
(4)Includes SREC revenue.
Disaggregated revenues from contracts with customers by product line and by reporting segment and other business operations during the six months ended March 31, 2023 and 2022, are as follows:
(Thousands)Natural Gas DistributionClean Energy Ventures Energy ServicesStorage and TransportationHome Services
and Other		Total
2023
Natural gas utility sales (1)
$615,365 — — — — $615,365 
Natural gas services— — 44,684 47,725 — 92,409 
Service contracts— — — — 17,400 17,400 
Installations and maintenance— — — — 10,314 10,314 
Renewable energy certificates— 3,287 — — — 3,287 
Electricity sales— 13,788 — — — 13,788 
Eliminations (2)
(675)— — (2,708)(196)(3,579)
Revenues from contracts with customers614,690 17,075 44,684 45,017 27,518 748,984 
Alternative revenue programs (3)
23,805 — — — — 23,805 
Derivative instruments119,414 10,123 (4)473,828 — — 603,365 
Eliminations (2)
— — (8,560)— — (8,560)
Revenues out of scope143,219 10,123 465,268 — — 618,610 
Total operating revenues$757,909 27,198 509,952 45,017 27,518 $1,367,594 
2022
Natural gas utility sales (1)
$605,657 — — — — $605,657 
Natural gas services— — 45,188 25,485 — 70,673 
Service contracts— — — — 16,959 16,959 
Installations and maintenance— — — — 10,214 10,214 
Renewable energy certificates— 1,865 — — — 1,865 
Electricity sales— 13,316 — — — 13,316 
Eliminations (2)
(675)— — (1,096)(180)(1,951)
Revenues from contracts with customers604,982 15,181 45,188 24,389 26,993 716,733 
Alternative revenue programs (3)
13,158 — — — — 13,158 
Derivative instruments119,769 6,829 (4)736,701 — — 863,299 
Eliminations (2)
— — (5,032)— — (5,032)
Revenues out of scope132,927 6,829 731,669 — — 871,425 
Total operating revenues$737,909 22,010 776,857 24,389 26,993 $1,588,158 
(1)Includes building rent related to the Wall headquarters, which is eliminated in consolidation.
(2)Consists of transactions between subsidiaries that are eliminated in consolidation.
(3)Includes CIP revenue.
(4)Includes SREC revenue.
Disaggregated revenues from contracts with customers by customer type and by reporting segment and other business operations during the three months ended March 31, 2023 and 2022, are as follows:
(Thousands)Natural Gas DistributionClean Energy VenturesEnergy ServicesStorage and TransportationHome Services
and Other		Total
2023
Residential$247,623 3,204 — — 13,089 $263,916 
Commercial and industrial49,105 4,965 16,836 19,303 176 90,385 
Firm transportation29,368 — — — — 29,368 
Interruptible and off-tariff764 — — — — 764 
Revenues out of scope73,640 6,237 179,717 — — 259,594 
Total operating revenues$400,500 14,406 196,553 19,303 13,265 $644,027 
2022
Residential$286,205 2,991 — — 13,105 $302,301 
Commercial and industrial60,106 4,874 17,309 12,805 36 95,130 
Firm transportation34,636 — — — — 34,636 
Interruptible and off-tariff576 — — — — 576 
Revenues out of scope81,951 3,962 393,760 — — 479,673 
Total operating revenues$463,474 11,827 411,069 12,805 13,141 $912,316 

Disaggregated revenues from contracts with customers by customer type and by reporting segment and other business operations during the six months ended March 31, 2023 and 2022, are as follows:
(Thousands)Natural Gas DistributionClean Energy VenturesEnergy ServicesStorage and TransportationHome Services
and Other		Total
2023
Residential$464,561 6,497 — — 27,269 $498,327 
Commercial and industrial92,900 10,578 44,684 45,017 249 193,428 
Firm transportation55,567 — — — — 55,567 
Interruptible and off-tariff1,662 — — — — 1,662 
Revenues out of scope143,219 10,123 465,268 — — 618,610 
Total operating revenues$757,909 27,198 509,952 45,017 27,518 $1,367,594 
2022
Residential$437,513 5,963 — — 26,880 $470,356 
Commercial and industrial107,290 9,218 45,188 24,389 113 186,198 
Firm transportation57,311 — — — — 57,311 
Interruptible and off-tariff2,868 — — — — 2,868 
Revenues out of scope132,927 6,829 731,669 — — 871,425 
Total operating revenues$737,909 22,010 776,857 24,389 26,993 $1,588,158 
Expected Timing of Performance
The timing of revenue recognition, customer billings and cash collections resulting in accounts receivables, billed and unbilled, and customers’ credit balances and deposits on the Unaudited Condensed Consolidated Balance Sheets during the six months ended March 31, 2023 and 2022, are as follows:
Customer Accounts ReceivableCustomers' Credit
(Thousands)BilledUnbilledBalances and Deposits
Balance as of September 30, 2022$222,297 $13,769 $33,246 
(Decrease) increase(27,844)32,271 (7,725)
Balance as of March 31, 2023$194,453 $46,040 $25,521 
Balance as of September 30, 2021$212,838 $10,351 $32,586 
Increase (decrease)60,475 45,919 (12,302)
Balance as of March 31, 2022$273,313 $56,270 $20,284 
Performance Obligation, in Excess of Billings
The following table provides information about receivables, which are included within accounts receivable, billed and unbilled, and customers’ credit balances and deposits, respectively, on the Unaudited Condensed Consolidated Balance Sheets as of March 31, 2023 and September 30, 2022:
(Thousands)Natural Gas DistributionClean Energy Ventures Energy ServicesStorage and TransportationHome Services
and Other		Total
March 31, 2023
Customer accounts receivable
Billed$142,275 5,917 37,280 7,090 1,891 $194,453 
Unbilled43,020 3,020 — — — 46,040 
Customers' credit balances and deposits(25,516)— — (5)— (25,521)
Total$159,779 8,937 37,280 7,085 1,891 $214,972 
September 30, 2022
Customer accounts receivable
Billed$78,508 5,566 129,199 7,012 2,012 $222,297 
Unbilled10,814 2,955 — — — 13,769 
Customers' credit balances and deposits(33,246)— — — — (33,246)
Total$56,076 8,521 129,199 7,012 2,012 $202,820