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Overview

New Jersey Resources Corporation operates as an energy services holding company primarily in the state of New Jersey. Incorporated in 1981 and based in Wall, New Jersey, the organization serves its customers through four main segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. With a commitment to delivering reliable energy services, the company focuses on natural gas distribution, clean energy projects, and a variety of energy management solutions. Catering to over half a million customers across various counties in New Jersey, it has established itself as a significant player in the energy sector, contributing to the state's sustainability and energy independence goals.

Products and Services

• Natural Gas Distribution

  This segment provides regulated natural gas utility services to approximately 576,000 customers across Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey. It includes capacity and storage management services, in addition to participating in off-system sales and capacity release markets, ensuring reliable gas supply and management.

• Clean Energy Ventures

  Investing in, owning, and operating clean energy projects, this segment underscores the company's commitment to sustainable energy solutions. It focuses on commercial and residential solar installations across New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana, promoting renewable energy adoption and reducing carbon footprint.

• Energy Services

  This area maintains and operates natural gas transportation and storage capacity contracts and provides a wide range of energy services. These include physical wholesale energy, retail energy, and energy management services in both the United States and Canada, catering to the broader needs of energy supply and efficiency for various clients.

• Storage and Transportation

  Investment in energy-related ventures falls under this segment, emphasizing the strategic expansion and support of energy infrastructure. It also contributes to the heating, ventilation, and cooling (HVAC) services domain, alongside offering appliance sales and installations, solar equipment setups, and plumbing repair and installation services. Commercial real estate properties also form part of this diversified portfolio, illustrating the broad scope of NJ Resources Corporation's interests and expertise.