New Jersey Resources (NJR), a Fortune 1000 company, provides reliable energy and natural gas services including transportation, distribution and asset management in states from the Gulf Coast to New England, including the Mid-Continent region, the West Coast and Canada, while investing in and maintaining an extensive infrastructure to support future growth. NJR safely and reliably operates and maintains 7,300 miles of natural gas transportation and distribution infrastructure serving more than half a million customers; develops and manages a diverse portfolio of more than 1.6 Bcf/day of transportation capacity and 45 Bcf of storage capacity; and provides appliance installation, repair and contract service to homes and businesses. Additionally, NJR holds investments in midstream assets through equity partnerships, including Steckman Ridge and its stake in Dominion Midstream Partners, L.P., as well as equity interest in the PennEast Pipeline project. NJR and its more than 1,000 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.
NJR Energy Services (NJRES) manages a diverse portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to customers across North America. NJRES is a leader in the wholesale energy services market, providing customer service and management of natural gas storage and capacity assets.
NJR Clean Energy Ventures (NJRCEV) invests in, owns and operates solar and onshore wind projects with a total capacity of nearly 280 megawatts (MW), providing residential and commercial customers with low-carbon solutions generating clean power. NJRCEV’s residential solar program, The Sunlight Advantage, currently provides savings to approximately 5,400 eligible homeowners through both roof- and ground mounted solar systems, with no upfront installation or maintenance costs. Shareholder benefits from renewable energy projects include investment tax credits, accelerated depreciation, renewable energy credits and fees from host sites for renewable power. NJRCEV leverages NJR’s financial strength, reputation and energy services expertise to create sustainable advantages in finding, building and maintaining its project portfolio.
NJR Retail Services (NJRRS), established in April 2017, is NJR’s newest subsidiary, and upon its receipt of necessary state retail licenses, plans to begin providing retail natural gas supply and transportation services to commercial, industrial and municipal customers in New Jersey, Pennsylvania, Maryland and Delaware. All services will be backed by NJR’s strong risk trading group and risk management team. NJRRS will also perform operation services, such as pricing, hedging, nominations, balancing and scheduling. NJRRS will offer flexible supply options, competitive pricing and high-quality service to meet customer needs.
NJR Home Services (NJRHS), NJR’s unregulated retail and appliance service subsidiary, provides home comfort solutions including service contracts for heating and cooling systems, HVAC installations, plumbing and electrical services, standby generators and solar lease and purchase plans. NJRHS’ service territory includes Monmouth, Ocean, Middlesex, Morris, Sussex, Warren and Hunterdon counties.