REGULATORY ASSETS AND REGULATORY LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2020

Regulatory Assets and Liabilities Disclosure [Abstract]

Schedule of Regulatory Assets

The Utilities' Regulatory Assets as of September 30, 2020 and December 31, 2019 consisted of the following items (in thousands):

	September 30, 2020
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	160,828	$	10,267	$	—	$	171,095
Liability for Future Expenditures	102,889		93,111		—		196,000
Insurance Recovery Receivables	—		(13,615)		—		(13,615)
Deferred ARO Costs	40,858		23,591		—		64,449
Deferred Pension Costs - Unrecognized Prior Service Cost	—		34,940		—		34,940
Deferred Pension and Other Postretirement Benefit Costs	72,010		1,825		—		73,835
Deferred Gas Costs - Net	19,222		—		—		19,222
CIP Receivable	16,242		—		—		16,242
SBC Receivable	2,665		—		—		2,665
Deferred Interest Rate Contracts	10,872		—		—		10,872
EET	16,810		—		—		16,810
Pipeline Supplier Service Charges	457		—		—		457
Pipeline Integrity Cost	5,837		—		—		5,837
AFUDC - Equity Related Deferrals	11,491		—		—		11,491
WNC	—		5,535		—		5,535
Other Regulatory Assets	25,889		18,000		—		43,889
Total Regulatory Assets	$	486,070	$	173,654	$	—	$	659,724

	December 31, 2019
	SJG		ETG		ELK		Total SJI
Environmental Remediation Costs:
Expended - Net	$	156,279	$	16,955	$	—	$	173,234
Liability for Future Expenditures	131,262		101,083		—		232,345
Insurance Recovery Receivables	—		(20,423)		—		(20,423)
Deferred ARO Costs	36,515		18,108		—		54,623
Deferred Pension Costs - Unrecognized Prior Service Cost	—		37,378		—		37,378
Deferred Pension and Other Postretirement Benefit Costs	72,010		1,825		—		73,835
Deferred Gas Costs - Net	49,469		5,301		293		55,063
SBC Receivable	1,478		—		—		1,478
Deferred Interest Rate Contracts	7,856		—		—		7,856
EET	12,877		—		—		12,877
Pipeline Supplier Service Charges	525		—		—		525
Pipeline Integrity Cost	6,516		—		—		6,516
AFUDC - Equity Related Deferrals	10,712		—		—		10,712
WNC	—		—		231		231
Other Regulatory Assets	10,678		9,004		—		19,682
Total Regulatory Assets	$	496,177	$	169,231	$	524	$	665,932

Schedule of Regulatory Liabilities

The Utilities Regulatory Liabilities as of September 30, 2020 and December 31, 2019 consisted of the following items (in thousands):

	September 30, 2020
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	12,849	$	37,648	$	—	$	50,497
Excess Deferred Taxes	240,453		114,839		—		355,292
Deferred Revenues - Net	—		15,106		—		15,106
Amounts to be Refunded to Customers	—		7,455		—		7,455
Other Regulatory Liabilities	—		589		—		589
Total Regulatory Liabilities	$	253,302	$	175,637	$	—	$	428,939

	December 31, 2019
	SJG		ETG		ELK		Total SJI
Excess Plant Removal Costs	$	16,333	$	36,343	$	—	$	52,676
Excess Deferred Taxes	251,355		117,695		—		369,050
Deferred Revenues - Net	—		52		—		52
CIP Payable	6,794		—		—		6,794
WNC	—		2,684		—		2,684
Amounts to be Refunded to Customers	—		10,625		—		10,625
Other Regulatory Liabilities	—		1,037		—		1,037
Total Regulatory Liabilities	$	274,482	$	168,436	$	—	$	442,918