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DEBT (Tables)

9 Months Ended

Jun. 30, 2017

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:



(Thousands)	June 30, 2017				September 30, 2016				Expiration Dates
NJR
Bank revolving credit facilities⁽¹⁾	$	425,000			$	425,000			September 2020
Notes outstanding at end of period	$	263,400			$	121,700
Weighted average interest rate at end of period	1.99		%		1.43		%
Amount available at end of period ⁽²⁾	$	146,620			$	288,910
NJNG
Bank revolving credit facilities ⁽³⁾	$	250,000			$	250,000			May 2019
Commercial paper outstanding at end of period	$	—			$	—
Weighted average interest rate at end of period	—		%		—		%
Amount available at end of period ⁽⁴⁾	$	249,269			$	249,269


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


(2)	Letters of credit outstanding total $15 million and $14.4 million for June 30, 2017 and September 30, 2016, respectively, which reduces amount available by the same amount.


(3)	Uncommitted credit facilities, which require no commitment fees.


(4)	Letters of credit outstanding total $731,000 for both June 30, 2017 and September 30, 2016, which reduces the amount available by the same amount.