South Jersey Industries

What South Jersey Industries does

South Jersey Industries, Inc. (NYSE: SJI) is a publicly traded energy infrastructure holding company headquartered in Folsom, New Jersey, operating two primary subsidiaries: SJI Utilities (SJIU) and SJI Energy Enterprises (SJIEE). SJIU houses the regulated natural gas utility operations, principally South Jersey Gas and Elizabethtown Gas, which collectively serve more than 700,000 residential, commercial, and industrial customers across New Jersey. South Jersey Gas alone delivers to over 430,000 customers spanning Atlantic, Cape May, Cumberland, and Salem counties and parts of Burlington, Camden, and Gloucester counties, supported by divisional offices in Pleasantville, Glassboro, Swainton, and Millville, with corporate operations centered at Atlantic City.

The company's core product is regulated natural gas distribution through an extensive underground pipeline network, supplemented by an LNG facility at McKee City, advanced metering technology, and the first-of-its-kind renewable natural gas (RNG) plant co-developed with OPAL Fuels at the Atlantic County Utilities Authority landfill in Egg Harbor Township, which produces over 650,000 MMBtu of RNG annually and reduces 346,000+ metric tons of carbon emissions per year. Underlying operational technology includes horizontal directional drilling for coastal pipeline installation, 9,100 excess-flow valves deployed under the SHARP II storm-hardening program, 8.5 miles of distribution main installed across the Absecon Island and Ocean City loops, and a CNG fleet conversion in which 178 of 232 service vehicles run on compressed natural gas. SJIEE extends the platform into non-utility clean energy, including solar-powered electrolysis for green hydrogen generation and energy management services via Enerconnex.

Revenue is generated almost entirely through tariffed rates approved by the New Jersey Board of Public Utilities (NJBPU), encompassing gas commodity costs recovered via Basic Gas Supply Service (BGSS) and delivery charges under Conservation Incentive Program (CIP) and base rate case proceedings. SJI is pursuing multiple 2025-2026 rate filings and Infrastructure Investment Program filings to expand rate base. The go-to-market motion is sales-led within the exclusive service territory, anchored by new construction pipeline availability, a participating contractor referral network, and dedicated account managers for residential and commercial segments. Ancillary revenue streams include the Conserve energy efficiency program portfolio (rebates, 0% APR financing, weatherization), the SJG Marketplace e-commerce storefront, the Game On and First Responders grant programs, and—unusually for a utility—the Mark Cuban Foundation AI Bootcamp, now in its third consecutive year. SJI is rated 2025 Most Trusted Brand and 2025 Easiest To Do Business With Utility by Cogent Syndicated and has received the AGA Industry Leader Accident Prevention Award for four consecutive years.

Name

South Jersey Industries

Legal name

South Jersey Industries, Inc.

Website

https://southjerseygas.com

Company type

Public

Founded year

1900

Operating status

Operating

Headcount range

501–1,000 employees

Short description

South Jersey Industries (NYSE: SJI) is a publicly traded energy infrastructure holding company that delivers regulated natural gas to more than 700,000 residential, commercial, and industrial customers across New Jersey through its subsidiaries South Jersey Gas and Elizabethtown Gas.

Ownership category

akta.pro rank

Product category

Regulated Natural Gas Utility

NAICS

Natural Gas Distribution (221210)

SIC

Natural Gas Distribution (4924)

akta.pro primary industry

Natural Gas Retail Supply (Residential & SMB) (EUAGAGAD)

akta.pro secondary industries

Renewable Natural Gas (RNG) & Biomethane Trading (EUAGAGAI), Distributed Energy & Gas Solutions Sales (CHP, Microgrids, On-site Gas Supply) (EUAAADAJ)

Keywords

• Natural gas distribution
• Regulated utility services
• Energy efficiency programs
• Renewable natural gas
• Utility infrastructure

Headquarters

HQ city

Atlantic City

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Natural Gas Distribution and Delivery: South Jersey Gas generates revenue primarily through the regulated distribution and delivery of natural gas to over 430,000 residential, commercial, and industrial customers. Revenue is derived from tariffed rates approved by the New Jersey Board of Public Utilities, covering gas commodity costs and distribution/delivery charges. The company also offers energy efficiency programs,rebates, and financing that generate ancillary revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

South Jersey Industries operates primarily through its regulated natural gas utility subsidiary South Jersey Gas, delivering safe, reliable, and affordable natural gas distribution and delivery services to over 430,000 residential, commercial, and industrial customers across seven New Jersey counties. The company also provides energy efficiency programs (Conserve), renewable natural gas (RNG) interconnection, utility bill assistance, and clean energy transition initiatives including green hydrogen generation and CNG fleet conversion.

Product overview

South Jersey Industries operates primarily through its regulated natural gas utility subsidiary South Jersey Gas, a platform delivering safe, reliable, affordable natural gas to over 430,000 customers. The product portfolio includes the core natural gas delivery service complemented by the Conserve energy efficiency program (offering rebates, financing, and energy-saving tools), the RNG Interconnection Program for clean energy development, a CNG fleet conversion initiative, and customer assistance programs. SJI also manages Elizabethtown Gas as a second regulated utility subsidiary. Community engagement programs including Game On Grants and First Responders Grants, along with the Mark Cuban Foundation AI Bootcamp educational initiative, support the utility's community-focused approach.

Differentiator

Problem solved

Functional benefit

Brands

• Conserve: Energy efficiency programs and resources helping customers save energy and money, including discounts on smart thermostats, rebates, financing, energy audits, and home weatherization for income-qualified customers.
• Game On Grant Program
• SJG First Responders Grant Program

Products and services

• Natural Gas Distribution Service Regulated distribution and delivery of natural gas to residential, commercial, and industrial customers across Atlantic, Cape May, Cumberland, Salem, and parts of Burlington, Camden, and Gloucester counties in New Jersey, serving over 430,000 customers at tariffed rates approved by the NJBPU.
• Conserve Energy Efficiency Programs Portfolio of energy efficiency offerings including rebates, 0% APR financing, energy audits, home weatherization, instant home energy analysis, and an energy savings calculator for residential and commercial customers.
• Renewable Natural Gas (RNG) Interconnection Program Standardized program for RNG producers to interconnect renewable natural gas projects with the South Jersey Gas distribution system through a formal interconnect process and gas purchase agreement.
• Energy Assistance Programs Customer assistance programs including LIHEAP, Universal Service Fund (USF), Payment Assistance for Gas and Electric (PAGE), NJ SHARES, and NJ Comfort Partners that help income-qualified customers manage gas bills and access home weatherization.
• Natural Gas Vehicles (CNG Fleet Services) Compressed natural gas vehicle offerings and fleet conversion support for commercial customers seeking to reduce transportation-related emissions by switching from gasoline and diesel to CNG.
• SJG Marketplace Online e-commerce marketplace selling discounted smart thermostats, water-saving products, and energy-efficient appliances directly to South Jersey Gas customers, with seasonal promotions.
• Elizabethtown Gas Service Regulated natural gas distribution service delivered through Elizabethtown Gas, the sister utility subsidiary under SJI Utilities, contributing to SJI's combined customer base of more than 700,000 customers across New Jersey.

Quantifiable outcome

• 346,000+ metric tons of carbon emissions reduced annually through RNG plant at Atlantic County Utilities Authority
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability2 records

Feature6 records

Partnerships

15 partnerships are on record, tiered core and minor.

• OPAL FuelscoreStrategic or Co-development Partner · 23 October 2025SJI and OPAL Fuels co-developed and inaugurated a first-of-its-kind renewable natural gas (RNG) facility at the Atlantic County Utilities Authority landfill in Egg Harbor Township, NJ on October 23, 2025. The plant produces over 650,000 MMBtu of RNG annually and injects it into South Jersey Gas pipelines, reducing over 346,000 metric tons of carbon emissions per year. The partnership aims to supply RNG for transportation and reduce methane emissions from landfills.
• Atlantic County Utilities AuthoritycoreStrategic or Co-development Partner · 23 October 2025Atlantic County Utilities Authority (ACUA) hosts the RNG plant at its landfill facility in Egg Harbor Township, NJ. The partnership between SJI, OPAL Fuels, and ACUA represents a collaborative effort to convert landfill biogas into RNG for injection into South Jersey Gas pipelines, supporting New Jersey's clean energy goals.
• Atlantic City ElectricminorGTM or Marketing Partner · 8 January 2025Atlantic City Electric partners with South Jersey Gas on joint Energy Assistance Days events, bringing together utilities, community partners, and agencies at one location to help customers in need of utility bill assistance.
• Alliance to Save EnergyminorGTM or Marketing Partner · 1 May 2024South Jersey Gas promotes the EmPowered Schools Program by Alliance to Save Energy through its customer newsletters, encouraging teachers to enroll students in a program that teaches energy measurement and savings techniques while earning points toward Sustainable Jersey School certification.
• BPU Supplier Diversity Council (SDDC)minorGTM or Marketing Partner · 20 November 2023SJI is a member of the BPU Supplier Diversity Council, dedicated to forging effective working relationships between minority, woman, and service-disabled veteran-owned businesses and New Jersey public utilities. The SDDC was chartered in 1997 to advise the NJBPU on supplier diversity reporting and development.
• Mark Cuban FoundationcoreStrategic or Co-development Partner · 12 June 2023South Jersey Gas partners with the Mark Cuban Foundation to host a free AI Bootcamp at its Atlantic City headquarters for local high school students. Now in its third consecutive year, the program teaches AI concepts, ethics, generative AI, and application building using Microsoft Azure over four half-day Saturday sessions. The program aims to increase AI literacy and inspire future technology professionals.
• The Nature Conservancy of New JerseyminorGTM or Marketing Partner · 27 April 2023SJI and South Jersey Gas partnered with The Nature Conservancy of New Jersey for Earth Day 2023 cleanup activities at the Maurice River Bluffs Nature Preserve in Millville. SJI and employees committed over $28,000 to the Conservancy in 2023, with $14,471 distributed as part of the partnership.
• Stockton UniversityminorGTM or Marketing Partner · 27 April 2023Ongoing partnership with Stockton University for Dr. Martin Luther King Jr. Day of Service activities. SJI employees participate annually in service projects at Stockton University, and the university also hosted a Community Day Cleanup in Atlantic City for Earth Day 2023.
• Hammonton Green Committee and Folsom Green TeamminorGTM or Marketing Partner · 27 April 2023SJI Green Team partnered with Hammonton Green Committee and Folsom Green Team to plant trees as part of the 'Dig-in and Learn' Earth Day event. SJI donated 100 tree saplings to both civic organizations to share in their neighborhoods.
• Cape May Zoo and Atlantic County Utilities AuthorityminorGTM or Marketing Partner · 1 April 2023South Jersey Gas energy efficiency team attended Cape May Zoo's Earth Day Celebration and Atlantic County Utilities Authority's Earth Day Festival to promote energy efficiency programs and sustainability.
• New Jersey Department of Community AffairsminorStrategic or Co-development Partner · 21 October 2022The NJ Department of Community Affairs was instrumental in bringing the Mark Cuban Foundation AI Bootcamp to Atlantic City and helped facilitate the partnership for the second consecutive year, enabling more students to benefit from the innovative educational program.
• Atlantic City ElectricminorGTM or Marketing Partner · 19 October 2022Atlantic City Electric and South Jersey Gas co-hosted an interactive information session at Gloucester County Institute of Technology (GCIT) for approximately 200 students during New Jersey Careers in Utilities Week, featuring employee presentations, utility truck tours, and career opportunity exploration.
• American Heart AssociationminorGTM or Marketing Partner · 21 May 2022SJI employees supported the American Heart Association's annual Spring Heart Walk in Ocean City, NJ in May 2022, raising over $46,000, significantly surpassing the fundraising goal.
• Community Foodbank of New JerseyminorGTM or Marketing Partner · 1 April 2022SJI's Green Team partners with the Community Foodbank of New Jersey to collect and donate reusable bags to local food banks and affiliated organizations, addressing challenges created by New Jersey's single-use plastic bag ban for food distribution organizations.
• American Red CrossminorGTM or Marketing Partner · 26 February 2022SJI's VETS (Veterans Engagement Team) employee resource group conducted a food drive with the Red Cross Service to Armed Forces program in February 2022, collecting 4,893 pounds of food (enough for 272 families) for delivery to Joint Base McGuire-Dix-Lakehurst. The VETS group supports the personal growth and professional development of former servicemen and women.

Scale indicators15 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• New Jersey Natural Gas: New Jersey Resources' regulated natural gas subsidiary serving customers across Monmouth, Ocean, Morris, Sussex, and parts of Burlington and Middlesex counties. Most directly comparable peer — both are NJ-regulated gas distribution utilities operating under NJBPU oversight with similar customer mix and regulatory mechanics.
• New Jersey Resources (NJR): Energy holding company (NYSE: NJR) with New Jersey Natural Gas as its core regulated subsidiary plus clean energy ventures. Closest like-for-like peer given similar holding company structure (regulated utility + clean energy subsidiaries), NJ geographic footprint, and mid-cap scale.

Broad incumbents

• Public Service Enterprise Group (PSEG): NJ-based energy holding company (NYSE: PEG) with regulated electric and gas transmission/distribution operations serving millions across New Jersey. Comparable as a NJ-based regulated utility under the same NJBPU regulatory framework, though significantly larger and primarily electric-focused.
• National Grid USA: US arm of National Grid plc, operating regulated natural gas distribution in the Northeast including New York, Massachusetts, and Rhode Island. Comparable business model as a regulated gas LDC with similar rate-base economics, though operates across multiple states at much larger scale.
• Spire Inc: Publicly traded natural gas utility holding company (NYSE: SR) operating Spire Missouri, Spire Alabama, and Spire Storage. Closely comparable as a mid-cap regulated gas utility with similar customer base scale (~1.7M customers) and rate-base growth model.
• Atmos Energy: Largest US natural gas-only utility (NYSE: ATO) serving ~3M customers across Texas, Kentucky, Tennessee, Louisiana, Mississippi, Colorado, Virginia, and Georgia. Comparable as a pure-play regulated gas LDC with similar rate-base and growth mechanics, though materially larger and geographically diverse.
• ONE Gas Inc: Pure-play natural gas distribution utility (NYSE: OGS) serving ~2.3M customers across Oklahoma, Kansas, and Texas. Comparable as a regulated-only gas LDC with similar business model and rate-base mechanics, though larger and outside the Northeast.
• Chesapeake Utilities Corporation: Energy delivery company (NYSE: CPK) with regulated natural gas distribution in Florida and Delaware plus unregulated propane and energy marketing. Comparable for its regulated gas utility operations and mid-cap scale, though geographically distinct.
• Northwest Natural Gas Company: Oregon-based regulated natural gas LDC (NYSE: NWN) serving ~2.5M people across Oregon and southwest Washington. Comparable as a pure-play regulated gas utility with similar customer service focus and rate-base growth model, though in a different geography with distinct regulatory dynamics.

Emerging players

• OPAL Fuels: Renewable natural gas production and carbon credit company that is SJI's direct partner on the ACUA landfill RNG facility. Comparable as an emerging player in the RNG value chain intersecting with SJI's distribution infrastructure — represents both a partner and a competitive emerging player in clean gas supply.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/southjerseygas
• YouTubeyoutube.com/channel/UC11hOS6AM5z5kW1VCjuG9iw
• Facebookfacebook.com/southjerseygas
• LinkedInlinkedin.com/showcase/south-jersey-gas
• Instagraminstagram.com/southjerseygas_

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about South Jersey Industries