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REGULATORY LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2025
REGULATORY LIABILITIES [Abstract]  
Regulatory Liabilities
Regulatory liabilities comprise:
 
 (in thousands)
 June 30, 2025December 31, 2024
   
Utility plant retirement cost obligation$325 $279 
Deferred settlement refunds 2,496  2,496 
Deferred income taxes (related to TCJA)  26,843  27,492 
 $29,664 $30,267