---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-004892"
form_type: "8-K"
ticker: "NJR"
cik: "0000356309"
company_name: "NEW JERSEY RESOURCES CORP"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:18:12.620331+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NJNG files $222.6M base rate case with NJ BPU; seeks 10.42% ROE

## Summary
- NJNG requests $222.6M delivery rate increase; reflects ~$850M infrastructure investments since 2021.
- Proposed return on equity of 10.42%, return on rate base of 7.57%, and 55.42% common equity ratio.
- For typical residential heating customer using 81 therms/month, bill would increase $29.01.
- BPU review typically takes 9–12 months; final decision pending.

## SEC filing metadata
- accession: 0001140361-24-004892
- form_type: 8-K
- ticker: NJR
- cik: 0000356309
- company_name: NEW JERSEY RESOURCES CORP
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/356309/000114036124004892/0001140361-24-004892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/356309/000114036124004892/ef20020066_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-004892
- JSON: https://secwatch.observer/filing/0001140361-24-004892.json
- Plain text: https://secwatch.observer/filing/0001140361-24-004892.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
