Investor Presentaiton
New Jersey Natural Gas
Solid Performance Due to Higher Base Rates
~42% of capital
expenditures
earned a near
real-time return
Fiscal 2022 Capital Expenditures¹
(in thousands)
570
NJNG Customers
560
569.3
Added
7,808 new
customers
in fiscal
2022
Maintenance
550
$104
IIP
$32
540
Furthers our
commitment to
energy
SAVEGREEN
$53
efficiency
1)
N
New Jersey
Resources
2)
~$335M
New Customer
$54
IT
$42
530
520
510
Cost of
Removal/Other
$50²
500
FY2017 FY2018 FY2019 FY2020 FY2021
FY2022
Total change in PP&E (cash spent, capex accrued and AFUDC). Includes SAVEGREEN
investments, which for GAAP purposes are included as part of cash flows from operations
Facilities and RNG & P2G included in "Other"
Timing of Next Rate Case
Filing Expected in Fiscal 2024View entire presentation