secwatch.observer — SEC 8-K summary
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Issuer:     NEW JERSEY RESOURCES CORP (NJR)
CIK:        0000356309
Form:       8-K
Filed at:   2026-06-01T20:03:21+00:00
Accession:  0001140361-26-023560
Event type: regulatory
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJNG files base rate case seeking $157.6M increase; offers 8.9% winter bill cut
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- NJNG seeks $157.6M delivery rate increase (12.7% avg customer) with 7.60% return on rate base, 10.10% ROE, 55.5% equity.
- Simultaneous BGSS, CIP, and EE filings provide 8.9% bill reduction ($158/year avg residential) for winter, keeping net rates nearly flat.
- Request covers ~$950M in system investments since last rate case (2024): pipeline upgrades, Jamesburg Replacement Project, IT modernization, cybersecurity.
- Rate case process expected 9-12 months; any increase would take effect after 2026-2027 winter season, likely not before 2027.
- NJNG’s gas purchasing and hedging generated $1.6B in cumulative customer savings over incentive program life.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/356309/000114036126023560/0001140361-26-023560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/356309/000114036126023560/ef20075084_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-023560

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