LINES OF CREDIT AND SHORT-TERM BORROWINGS (Tables)

6 Months Ended

Jun. 30, 2022

Line of Credit Facility [Abstract]

Schedule of Credit Facilities and Available Liquidity

Credit facilities and available liquidity as of June 30, 2022 were as follows (in thousands):

Company	Total Facility		Usage			Available Liquidity		Expiration Date
SJI:
SJI Syndicated Revolving Credit Facility	$	500,000	$	255,400	(A)	$	244,600	September 2026
SJG:
Commercial Paper Program/Revolving Credit Facility	250,000		26,700		(B)	223,300		September 2026
ETG:
ETG Revolving Credit Facility	250,000		70,100		(C)	179,900		September 2026
Total	$	1,000,000	$	352,200		$	647,800

(A) Includes letters of credit outstanding in the amount of $15.4 million, which is used for various construction and operating activities.

(B) Includes letters of credit outstanding in the amount of $1.9 million, which supports the remediation of environmental conditions at certain locations in SJG's service territory.

(C) Includes letters of credit outstanding in the amount of $1.0 million, which supports ETG's construction activity.

The weighted average interest rate on these borrowings, which changes daily, were as follows:

	June 30, 2022		June 30, 2021
Weighted average interest rate on borrowings:
SJI (inclusive of SJG, ETG and SJIU)	2.71	%	0.18	%
SJG	1.42	%	0.18	%

Average borrowings and maximum amounts outstanding on these facilities were as follows (in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Average borrowings outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	157,834	$	57,100	$	202,673	$	211,800
SJG	$	6,160	$	4,400	$	30,852	$	12,800
Maximum amounts outstanding, not including LOC:
SJI (inclusive of all subsidiaries' facilities)	$	331,300	$	177,100	$	375,300	$	452,900
SJG	$	108,000	$	24,700	$	108,000	$	47,500