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RATES AND REGULATORY ACTIONS
3 Months Ended
Mar. 31, 2019
Public Utilities, General Disclosures [Abstract]  
RATES AND REGULATORY ACTIONS
RATES AND REGULATORY ACTIONS:

SJG and ETG are subject to the rules and regulations of the BPU. ELK is subject to the rules and regulations of the MPSC.

SJG:

In September 2018, the BPU issued an Order approving, on a provisional basis, SJG's request for a $65.5 million increase in the gas cost recoveries associated with the 2018-2019 BGSS year, effective October 1, 2018. The matter was thereafter referred to the Office of Administrative Law for further proceedings.  Also, in December 2018, SJG submitted a notice of intent to self-implement a BGSS rate adjustment based on a 5% increase of the monthly bill of a typical residential customer; that adjustment took effect on February 1, 2019. In April 2019, SJG executed a Stipulation of Settlement, with anticipated approval in May 2019, which will spread the authorized recovery of the $65.5 million gas costs over a two-year period rather than the 2018-2019 BGSS year alone. This will result in a reduction in the BGSS rate effective June 1, 2019 and a one-time bill credit of approximately $24.0 million.

In January 2019, the BPU issued an Order approving a revenue decrease of $1.6 million associated with SJG's annual EET rate adjustment filing, effective February 1, 2019.

In March 2019, the BPU issued an Order approving a revenue decrease of $2.2 million associated with SJG’s SBC and TIC, effective May 1, 2019.

ETG:

In December 2018, ETG submitted a notice of intent to self-implement a BGSS rate adjustment based on a 5% increase of the monthly bill of a typical residential customer; that adjustment took effect on February 1, 2019.

In January 2019, ETG entered into a Stipulation with the BPU and the New Jersey Division of Rate Counsel extending its EEP through February 2020 at a total budget of approximately $3.0 million. The BPU issued an Order in February 2019 approving the Stipulation.

In April 2019, ETG filed a petition with the BPU requesting a base rate revenue increase of approximately $65.0 million to recognize the infrastructure investments made to maintain the safety and reliability of its natural gas system. The petition reflects approximately $346.0 million in net plant additions not reflected in ETG’s current rates. This filing is pending.

There have been no other significant regulatory actions or changes to the Utilities' rate structure since December 31, 2018. See Note 10 to the Consolidated Financial Statements in Item 8 of SJI's and SJG's Annual Report on Form 10-K for the year ended December 31, 2018.