DEBT (Tables)

9 Months Ended

Jun. 30, 2024

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:

				At end of period
(Thousands)	As of date	Total borrowing capacity		Loans outstanding		Weighted average interest rate			Remaining borrowing capacity				Expiration dates
NJR bank revolving credit facilities (1)
June 30, 2024		$	650,000	$	254,800		6.54	%		$	385,869	(2)	September 2027
September 30, 2023		$	650,000	$	217,300		6.53	%		$	426,967	(2)	September 2027
NJNG bank revolving credit facilities (3)
June 30, 2024		$	250,000	$	—		—	%		$	249,269	(4)	September 2027
September 30, 2023		$	250,000	$	34,800		5.48	%		$	214,469	(4)	September 2027

(1)Committed credit facilities, which require commitment fees of 0.10% on the unused amounts.

(2)Letters of credit outstanding total $9.3M at June 30, 2024 and $5.7M at September 30, 2023, which reduces the amount available by the same amount.

(3)Committed credit facilities, which require commitment fees of 0.075% on the unused amounts.

(4)Letters of credit outstanding total $0.7M at both June 30, 2024 and September 30, 2023, which reduces the amount available by the same amount.