DEBT (Tables)

3 Months Ended

Dec. 31, 2023

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:

				At end of period
(Thousands)	As of date	Total borrowing capacity		Loans outstanding		Weighted average interest rate			Remaining borrowing capacity				Expiration dates
NJR bank revolving credit facilities (1)
December 31, 2023		$	650,000	$	165,150		6.56	%		$	476,002	(2)	September 2027
September 30, 2023		$	650,000	$	217,300		6.53	%		$	426,967	(2)	September 2027
NJNG bank revolving credit facilities (3)
December 31, 2023		$	250,000	$	103,500		5.48	%		$	145,769	(4)	September 2027
September 30, 2023		$	250,000	$	34,800		5.48	%		$	214,469	(4)	September 2027

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

(2)Letters of credit outstanding total $8.8M at December 31, 2023 and $5.7M at September 30, 2023, which reduces the amount available by the same amount.

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

(4)Letters of credit outstanding total $0.7M at both December 31, 2023 and September 30, 2023, which reduces the amount available by the same amount.