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About
South Jersey Industries, Inc. is a holding company, which engages in delivering energy solutions to its consumers through its primary subsidiaries. It operates through the following segments: Gas Utility Operations, Wholesale Energy Operations, South Jersey Energy (SJE), On-Site Energy Production, Appliance Service Operations, and Midstream. The Gas Utility Operations segment is primarily consist of natural gas distribution to residential, commercial, and industrial customers. The Wholesale Energy Operations segment is comprised of the activities of South Jersey Resources Group (SJRG), and South Jersey Exploration (SJEX). The SJE segment is involved in both retail gas, and retail electric activities. The On-Site Energy Production segment is the thermal energy facility of Marina and other energy-related projects. The Appliance Service Operations segment is the South Jersey Energy Service Plus, which services residential and small commercial HVAC systems, installs small commercial HVAC systems, provides plumbing services and services appliances under warranty via a subcontractor arrangement as well as on a time and materials basis. The Midstream segment refers to the investments in infrastructure and other midstream projects. The company was founded in 1969 and is headquartered in Folsom, NJ. | |||
Description
South Jersey Industries, Inc., through its subsidiaries, provides energy-related products and services. The company engages in the purchase, transmission, and sale of natural gas. It also sells natural gas and pipeline transportation capacity on a wholesale basis to residential, commercial, and industrial customers on the interstate pipeline system, as well as transports natural gas, which is purchased directly from producers or suppliers to their customers. As of December 31, 2016, the company had approximately 146.2 miles of mains in the transmission system and 6,605 miles of mains in the distribution system; and served 377,625 residential, commercial, and industrial customers in southern New Jersey. In addition, it markets natural gas storage, commodity, and transportation assets on a wholesale basis for energy marketers, electric and gas utilities, power plants, and natural gas producers in the mid-Atlantic, Appalachian, and southern regions of the United States. Further, the company develops, owns, and operates energy projects comprising thermal facilities, combined heat and power facilities, landfill gas-fired electric production facilities, and solar projects that provide cooling, heating, and emergency power. Additionally, it acquires and markets natural gas and electricity to retail end users, as well as markets total energy management services; owns oil, gas, and mineral rights in the Marcellus Shale region of Pennsylvania; and services residential and small commercial HVAC systems, and installs small commercial HVAC systems, as well as provides plumbing services and services appliances. South Jersey Industries, Inc. was founded in 1910 and is based in Folsom, New Jersey. |