NEW JERSEY RESOURCES CORP
For the period ended Sep 30, 2024. Filed Nov 26, 2024.
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FY2024 · Filed Nov 26, 2024
NJR$54.39+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Glossary of Terms
GLOSSARY OF KEY TERMS
| Adelphia | Adelphia Gateway, LLC |
|---|---|
| ADI | Administratively Determined Incentive |
| AFUDC | Allowance for Funds Used During Construction |
| AMA | Asset Management Agreement |
| ARO | Asset Retirement Obligation |
| ASC | Accounting Standards Codification |
| ASU | Accounting Standards Update |
| B | Billion |
| Bcf | Billion Cubic Feet |
| BGSS | Basic Gas Supply Service |
| BPU | New Jersey Board of Public Utilities |
| CEO | Chief Executive Officer |
| CIO | Chief Information Officer |
| CIP | Conservation Incentive Program |
| Clean Energy Ventures or CEV | Clean Energy Ventures segment |
| CME | Chicago Mercantile Exchange |
| CR&R | Commercial Realty & Resources Corp. |
| CSI | Competitive Solar Incentive |
| Degree-day | The measure of the variation in the weather based on the extent to which the average daily temperature falls below 65 degrees Fahrenheit |
| DEI | Diversity, equity and inclusion |
| DRP | NJR Direct Stock Purchase and Dividend Reinvestment Plan |
| Dths | Dekatherms |
| EDECA | Electric Discount and Energy Competition Act |
| EE | Energy Efficiency |
| EMP | New Jersey Energy Master Plan |
| Energy Services or ES | Energy Services segment |
| Exchange Act | Securities Exchange Act of 1934, as amended |
| FASB | Financial Accounting Standards Board |
| FCM | Futures Commission Merchant |
| FERC | Federal Energy Regulatory Commission |
| Financial Margin | A non-GAAP financial measure, which represents revenues earned from the sale of natural gas less costs of natural gas sold including any transportation and storage costs, and excludes certain operations and maintenance expense and depreciation and amortization, as well as any accounting impact from the change in the fair value of certain derivative instruments |
| Fitch | Fitch Ratings Company |
| FMB | First Mortgage Bond |
| GAAP | Generally Accepted Accounting Principles of the United States |
| GWRA | Global Warming Response Act of 2007 |
| HCCTR | Health Care Cost Trend Rate |
| Home Services and Other or HSO | Home Services and Other Operations |
| ICE | Intercontinental Exchange |
| IIP | Infrastructure Investment Program |
| Inflation Reduction Act | Inflation Reduction Act of 2022 |
| IRS | Internal Revenue Service |
| ISDA | The International Swaps and Derivatives Association |
| ITC | Federal Investment Tax Credit |
| LDCC | Leadership Development and Compensation Committee |
| Leaf River | Leaf River Energy Center LLC |
| LNG | Liquefied Natural Gas |
| M | Million |
| MGP | Manufactured Gas Plant |
| MMBtu | Million British Thermal Units |
| Moody’s | Moody’s Investors Service, Inc. |
| Mortgage Indenture | The Amended and Restated Indenture of Mortgage, Deed of Trust and Security Agreement between NJNG and U.S. Bank National Association dated as of September 1, 2014, as amended |
| GLOSSARY OF KEY TERMS (cont.) | |
|---|---|
| MW | Megawatts |
| MWh | Megawatt Hour |
| NAESB | The North American Energy Standards Board |
| NAV | Net Asset Value |
| NFE | Net Financial Earnings |
| NJCEP | New Jersey’s Clean Energy Program |
| NJDEP | New Jersey Department of Environmental Protection |
| NJNG | New Jersey Natural Gas Company or our Natural Gas Distribution segment |
| NJNG Credit Facility | The $250M unsecured committed credit facility expiring in August 2029 |
| NJR Credit Facility | The $575M unsecured committed credit facility expiring in August 2029 |
| NJR or The Company | New Jersey Resources Company |
| NJR Retail | NJR Retail Company |
| NJRCEV | NJR Clean Energy Ventures Corporation |
| NJRES | NJR Energy Services Company, LLC |
| NJRHS | NJR Home Services Company |
| Non-GAAP | Not in accordance with GAAP |
| NPNS | Normal Purchase/Normal Sale |
| NYMEX | New York Mercantile Exchange |
| OCI | Other Comprehensive Income |
| O&M | Operations and Maintenance Expense |
| OPEB | Other Postemployment Benefit Plans |
| PBO | Projected Benefit Obligation |
| PennEast | PennEast Pipeline Company, LLC |
| PEP | Pension Equalization Plan |
| PIM | Pipeline Integrity Management |
| PPA | Power Purchase Agreement |
| RAC | Remediation Adjustment Clause |
| REC | Renewable Energy Certificate |
| Sarbanes-Oxley | Sarbanes-Oxley Act of 2002 |
| SAVEGREEN | The SAVEGREEN Project® |
| Savings Plan | Employees’ Retirement Savings Plan |
| SBC | Societal Benefits Charge |
| SEC | Securities and Exchange Commission |
| Securities Act | Securities Act of 1933, as amended |
| SG&A | Selling, General and Administrative expenses |
| SREC | Solar Renewable Energy Certificate |
| S&P | Standard & Poor’s Financial Services, LLC |
| Steckman Ridge | Collectively, Steckman Ridge GP, LLC and Steckman Ridge, LP |
| Storage and Transportation or S&T | Storage and Transportation segment |
| TETCO | Texas Eastern Transmission |
| TREC | Transition Renewable Energy Certificate |
| Trustee | U.S. Bank National Association |
| TSR | Total Shareholder Return |
| U.S. | The United States of America |
| Union | International Brotherhood of Electrical Workers Local 1820 |
| USF | Universal Service Fund |
| Utility Gross Margin | A non-GAAP financial measure, which represents operating revenues less natural gas purchases, sales tax, and regulatory rider expense, and excludes certain operations and maintenance expense and depreciation and amortization |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.