REVENUE (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Disaggregated revenues from contracts with customers are disclosed below, by operating segment (in thousands).



	Three Months Ended September 30, 2022
	SJG Utility Operations		ETG Utility Operations		Wholesale Energy Operations		Retail Services		Renewables		Corporate Services and Intersegment		Total
Customer Type:
Residential	$	36,727	$	18,481	$	—	$	530	$	—	$	—	$	55,738
Commercial & Industrial	29,397		20,789		624,866		—		7,409		(8,030)		674,431
OSS & Capacity Release	4,742		—		—		—		—		—		4,742
Other	447		192		—		1,389		—		215		2,243
	$	71,313	$	39,462	$	624,866	$	1,919	$	7,409	$	(7,815)	$	737,154
Product/Service Line:
Gas	$	71,313	$	39,462	$	624,866	$	—	$	—	$	(8,030)	$	727,611
Solar	—		—		—		—		1,158		—		1,158
Fuel Cells	—		—		—		—		6,180		—		6,180
Other	—		—		—		1,919		71		215		2,205
	$	71,313	$	39,462	$	624,866	$	1,919	$	7,409	$	(7,815)	$	737,154


	Nine Months Ended September 30, 2022
	SJG Utility Operations		ETG Utility Operations		Wholesale Energy Operations		Retail Services		Renewables		Corporate Services and Intersegment		Total
Customer Type:
Residential	$	306,124	$	171,765	$	—	$	1,562	$	—	$	—	$	479,451
Commercial & Industrial	143,934		106,880		1,599,474		21		18,321		(19,977)		1,848,653
OSS & Capacity Release	14,166		—		—		—		—		—		14,166
Other	3,568		683		—		4,048		—		—		8,299
	$	467,792	$	279,328	$	1,599,474	$	5,631	$	18,321	$	(19,977)	$	2,350,569
Product/Service Line:
Gas	$	467,792	$	279,328	$	1,599,474	$	—	$	—	$	(19,977)	$	2,326,617
Electric	—		—		—		21		—		—		21
Solar	—		—		—		—		4,195		—		4,195
Fuel Cells	—		—		—		—		13,283		—		13,283
Other	—		—		—		5,610		843		—		6,453
	$	467,792	$	279,328	$	1,599,474	$	5,631	$	18,321	$	(19,977)	$	2,350,569



	Three Months Ended September 30, 2021
	SJG Utility Operations		ETG Utility Operations		Wholesale Energy Operations		Retail Services		Renewables		Corporate Services and Intersegment		Total
Customer Type:
Residential	$	33,075	$	18,993	$	—	$	488	$	—	$	—	$	52,556
Commercial & Industrial	27,538		18,269		406,985		2,846		7,352		(1,333)		461,657
OSS & Capacity Release	2,504		—		—		—		—		—		2,504
Other	668		376		—		1,502		—		(180)		2,366
	$	63,785	$	37,638	$	406,985	$	4,836	$	7,352	$	(1,513)	$	519,083
Product/Service Line:
Gas	$	63,785	$	37,638	$	406,985	$	—	$	—	$	(1,294)	$	507,114
Electric	—		—		—		2,846		—		(39)		2,807
Solar	—		—		—		—		1,961		—		1,961
Fuel Cells	—		—		—		—		5,063		—		5,063
Landfills	—		—		—		—		328		—		328
Other	—		—		—		1,990		—		(180)		1,810
	$	63,785	$	37,638	$	406,985	$	4,836	$	7,352	$	(1,513)	$	519,083


	Nine Months Ended September 30, 2021
	SJG Utility Operations		ETG Utility Operations		Wholesale Energy Operations		Retail Services		Renewables		Corporate Services and Intersegment		Total
Customer Type:
Residential	$	250,697	$	156,254			$	1,482	$	—	$	—	$	408,433
Commercial & Industrial	119,565		89,464		1,032,181		6,409		17,980		(8,955)		1,256,644
OSS & Capacity Release	7,053		—		—		—		—		—		7,053
Other	2,086		748		—		3,469		—		(385)		5,918
	$	379,401	$	246,466	$	1,032,181	$	11,360	$	17,980	$	(9,340)	$	1,678,048
Product/ Service Line:
Gas	$	379,401	$	246,466	$	1,032,181	$	—	$	—	$	(8,790)	$	1,649,258
Electric	—		—		—		6,409		—		(165)		6,244
Solar	—		—		—		—		4,776		—		4,776
Fuel Cells	—		—		—		—		12,167		—		12,167
Landfills	—		—		—		—		1,037		—		1,037
Other	—		—		—		4,951		—		(385)		4,566
	$	379,401	$	246,466	$	1,032,181	$	11,360	$	17,980	$	(9,340)	$	1,678,048

Contract with Customer, Asset and Liability

The following table provides information about SJI's and SJG's receivables (excluding SJG receivables from related parties) and unbilled revenue from contracts with customers (in thousands):


	Accounts Receivable (A)		Unbilled Revenue (B)
SJI (including SJG and all other consolidated subsidiaries):
Beginning balance as of January 1, 2022	$	343,835	$	87,357
Ending balance as of September 30, 2022	352,437		22,021
Increase (Decrease)	$	8,602	$	(65,336)

Beginning balance as of January 1, 2021	$	278,723	$	85,423
Ending balance as of September 30, 2021	272,286		26,783
Increase (Decrease)	$	(6,437)	$	(58,640)

SJG:
Beginning balance as of January 1, 2022	$	125,848	$	43,236
Ending balance as of September 30, 2022	99,727		11,258
Increase (Decrease)	$	(26,121)	$	(31,978)

Beginning balance as of January 1, 2021	$	88,657	$	46,837
Ending balance as of September 30, 2021	83,031		8,288
Increase (Decrease)	$	(5,626)	$	(38,549)

(A) A receivable is SJI's and SJG's right to consideration that is unconditional, as only the passage of time is required before payment is expected from the customer.

(B) All unbilled revenue for SJI and SJG arises from contracts with customers. Unbilled revenue relates to SJI's and SJG's right to receive payment for commodity delivered but not yet billed. This represents contract assets that arise from contracts with customers, which is defined in ASC 606 as the right to payment in exchange for goods already transferred to a customer, excluding any amounts presented as a receivable. The unbilled revenue is transferred to accounts receivable when billing occurs and the rights to collection become unconditional.