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DEBT (Tables)
3 Months Ended
Dec. 31, 2018
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)
December 31,
2018
 
September 30,
2018
 
Expiration Dates
NJR
 
 
 
 
 
Bank revolving credit facilities (1)
$
425,000

 
$
425,000

 
December 2023
Notes outstanding at end of period
$
280,000

 
$
87,950

 
 
Weighted average interest rate at end of period
3.27
%
 
3.07
%
 
 
Amount available at end of period (2)
$
139,823

 
$
322,144

 
 
Bank revolving credit facilities (1)
$
100,000

 
$

 
April 2019
Amount available at end of period
$
100,000

 
$

 
 
NJNG
 
 
 
 
 
Bank revolving credit facilities (1)
$
250,000

 
$
250,000

 
December 2023
Commercial paper outstanding at end of period
$
91,700

 
$
64,000

 
 
Weighted average interest rate at end of period
2.71
%
 
2.18
%
 
 
Amount available at end of period (3)
$
157,569

 
$
185,269

 
 
(1)
Committed credit facilities, which require commitment fees on the unused amounts.
(2)
Letters of credit outstanding total $5.2 million and $14.9 million for December 31, 2018 and September 30, 2018, respectively, which reduces amount available by the same amount.
(3)
Letters of credit outstanding total $731,000 for both December 31, 2018 and September 30, 2018, which reduces the amount available by the same amount.