| Schedule of Regulatory Assets |
Regulatory assets and liabilities included on the Unaudited Condensed Consolidated Balance Sheets for NJNG are comprised of the following: | | | | | | | | | | (Thousands) | June 30,
2026 | September 30,
2025 | | Regulatory assets-current | | | | New Jersey Clean Energy Program | $ | 14,588 | | $ | 17,171 | | | Conservation Incentive Program | — | | 22,697 | | | | | | Derivatives at fair value, net | 15,530 | | 7,544 | | | Other current regulatory assets | 1,615 | | 1,486 | | | Total current regulatory assets | $ | 31,733 | | $ | 48,898 | | | Regulatory assets-noncurrent | | | | Environmental remediation costs: | | | | Expended, net of recoveries | $ | 60,694 | | $ | 74,961 | | | Liability for future expenditures | 165,170 | | 166,990 | | | Deferred income taxes | 49,300 | | 46,013 | | | | | | SAVEGREEN | 148,087 | | 141,562 | | | Postemployment and other benefit costs | 42,560 | | 41,275 | | | | | | Cost of removal | 126,975 | | 132,895 | | | | | | Other noncurrent regulatory assets | 52,361 | | 63,612 | | | Total noncurrent regulatory assets | $ | 645,147 | | $ | 667,308 | | | Regulatory liability-current | | | | Overrecovered natural gas costs | $ | 45,310 | | $ | 10,643 | | | Conservation Incentive Program | 22,826 | | — | | | | | | | | | Total current regulatory liabilities | $ | 68,136 | | $ | 10,643 | | | Regulatory liabilities-noncurrent | | | | Tax Act impact | $ | 166,545 | | $ | 170,309 | | | | | | | | | | | | Other noncurrent regulatory liabilities | 858 | | 868 | | | Total noncurrent regulatory liabilities | $ | 167,403 | | $ | 171,177 | |
Regulatory assets and liabilities included on the Unaudited Condensed Consolidated Balance Sheets for Adelphia are comprised of the following: | | | | | | | | | | (Thousands) | June 30,
2026 | September 30,
2025 | | Total current regulatory assets | $ | 496 | | $ | — | | | Total noncurrent regulatory assets | $ | 4,958 | | $ | 5,210 | | | Total current regulatory liabilities | $ | 1,946 | | $ | 2,241 | | | | |
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| Schedule of Regulatory Liabilities |
Regulatory assets and liabilities included on the Unaudited Condensed Consolidated Balance Sheets for NJNG are comprised of the following: | | | | | | | | | | (Thousands) | June 30,
2026 | September 30,
2025 | | Regulatory assets-current | | | | New Jersey Clean Energy Program | $ | 14,588 | | $ | 17,171 | | | Conservation Incentive Program | — | | 22,697 | | | | | | Derivatives at fair value, net | 15,530 | | 7,544 | | | Other current regulatory assets | 1,615 | | 1,486 | | | Total current regulatory assets | $ | 31,733 | | $ | 48,898 | | | Regulatory assets-noncurrent | | | | Environmental remediation costs: | | | | Expended, net of recoveries | $ | 60,694 | | $ | 74,961 | | | Liability for future expenditures | 165,170 | | 166,990 | | | Deferred income taxes | 49,300 | | 46,013 | | | | | | SAVEGREEN | 148,087 | | 141,562 | | | Postemployment and other benefit costs | 42,560 | | 41,275 | | | | | | Cost of removal | 126,975 | | 132,895 | | | | | | Other noncurrent regulatory assets | 52,361 | | 63,612 | | | Total noncurrent regulatory assets | $ | 645,147 | | $ | 667,308 | | | Regulatory liability-current | | | | Overrecovered natural gas costs | $ | 45,310 | | $ | 10,643 | | | Conservation Incentive Program | 22,826 | | — | | | | | | | | | Total current regulatory liabilities | $ | 68,136 | | $ | 10,643 | | | Regulatory liabilities-noncurrent | | | | Tax Act impact | $ | 166,545 | | $ | 170,309 | | | | | | | | | | | | Other noncurrent regulatory liabilities | 858 | | 868 | | | Total noncurrent regulatory liabilities | $ | 167,403 | | $ | 171,177 | |
Regulatory assets and liabilities included on the Unaudited Condensed Consolidated Balance Sheets for Adelphia are comprised of the following: | | | | | | | | | | (Thousands) | June 30,
2026 | September 30,
2025 | | Total current regulatory assets | $ | 496 | | $ | — | | | Total noncurrent regulatory assets | $ | 4,958 | | $ | 5,210 | | | Total current regulatory liabilities | $ | 1,946 | | $ | 2,241 | | | | |
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