REGULATORY ASSETS AND REGULATORY LIABILITIES (Tables)

3 Months Ended

Mar. 31, 2021

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule of Regulatory Assets

The Utilities' Regulatory Assets as of March 31, 2021 and December 31, 2020 consisted of the following items (in thousands):

	March 31, 2021
	SJG		ETG		Total SJI
Environmental Remediation Costs:
Expended - Net	$	149,979	$	6,034	$	156,013
Liability for Future Expenditures	98,579		88,705		187,284
Insurance Recovery Receivables	—		(6,807)		(6,807)
Deferred ARO Costs	43,704		27,594		71,298
Deferred Pension Costs - Unrecognized Prior Service Cost	—		33,316		33,316
Deferred Pension and Other Postretirement Benefit Costs	77,426		8,466		85,892
Deferred Gas Costs - Net	19,198		—		19,198
CIP Receivable	10,028		—		10,028
SBC Receivable (excluding RAC)	4,771		—		4,771
Deferred Interest Rate Contracts	7,441		—		7,441
EET/EEP	16,848		2,909		19,757
Pipeline Supplier Service Charges	411		—		411
Pipeline Integrity Cost	5,981		—		5,981
AFUDC - Equity Related Deferrals	11,883		—		11,883
WNC	—		6,120		6,120
Other Regulatory Assets	27,153		10,971		38,124
Total Regulatory Assets	$	473,402	$	177,308	$	650,710

	December 31, 2020
	SJG		ETG		Total SJI
Environmental Remediation Costs:
Expended - Net	$	157,340	$	5,196	$	162,536
Liability for Future Expenditures	101,243		91,837		193,080
Insurance Recovery Receivables	—		(6,807)		(6,807)
Deferred ARO Costs	42,365		25,453		67,818
Deferred Pension Costs - Unrecognized Prior Service Cost	—		33,898		33,898
Deferred Pension and Other Postretirement Benefit Costs	77,426		8,466		85,892
Deferred Gas Costs - Net	19,178		—		19,178
CIP Receivable	21,013		—		21,013
SBC Receivable (excluding RAC)	3,453		—		3,453
Deferred Interest Rate Contracts	9,938		—		9,938
EET/EEP	18,725		3,062		21,787
Pipeline Supplier Service Charges	434		—		434
Pipeline Integrity Cost	6,091		—		6,091
AFUDC - Equity Related Deferrals	11,822		—		11,822
WNC	—		7,444		7,444
Other Regulatory Assets	26,056		10,359		36,415
Total Regulatory Assets	$	495,084	$	178,908	$	673,992

Schedule of Regulatory Liabilities

The Utilities Regulatory Liabilities as of March 31, 2021 and December 31, 2020 consisted of the following items (in thousands):

	March 31, 2021
	SJG		ETG		Total SJI
Excess Plant Removal Costs	$	12,730	$	33,772	$	46,502
Excess Deferred Taxes	225,008		113,166		338,174
Deferred Gas Costs - Net	—		22,689		22,689
Amounts to be Refunded to Customers	—		9,257		9,257
Other Regulatory Liabilities	—		1,467		1,467
Total Regulatory Liabilities	$	237,738	$	180,351	$	418,089

	December 31, 2020
	SJG		ETG		Total SJI
Excess Plant Removal Costs	$	12,666	$	37,953	$	50,619
Excess Deferred Taxes	232,694		113,888		346,582
Deferred Gas Costs - Net	—		15,322		15,322
Amounts to be Refunded to Customers	—		6,969		6,969
Other Regulatory Liabilities	—		1,085		1,085
Total Regulatory Liabilities	$	245,360	$	175,217	$	420,577