Summary
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 569,300 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar installation situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas transportation and storage contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.
History
NJR was founded in 1981 and is headquartered in Wall, New Jersey. The company began as a regulated gas utility, NJ Natural Gas (NJNG), and has since expanded into energy services businesses. Currently, NJR has more than 1,700 employess and more than 5,700 shareholders.
Mission
Our mission is to improve the quality of life for our customers and the communities we serve by developing and delivering responsible energy services and solutions.
Vision
We strive to be the trusted provider of reliable and innovative energy services by delivering maximum value for customers and shareholders, honing responsible business practices and making positive contributions to our communities.
Key Team
Mr. Roberto F. Bel (Sr. VP and CFO)
Ms. Jacqueline K. Shea (VP & Chief Information Officer)
Mr. Richard Reich (Sr. VP & Gen. Counsel)
Mr. David Johnson (VP of Corp. Bus. Devel.)
Ms. Lori DelGiudice (Sr. VP of HR)
Mr. Glenn C. Lockwood (Exec. VP)
Mr. Thomas J. Massaro Jr. (SVP of NJR Retail & Pres of NJR Home Services)
Recognition and Awards
NJR is consistently ranked one of the Top 50 Most Community-minded Companies in the nation by Points of Light and is on the Dow Jones Sustainability North America Index for its commitment to sustainability initiatives.
References
United States 