form8-k_a.htm
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K/A
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15 (d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
Date
of
Report (Date of earliest event reported): November 27, 2007 (November
20, 2007)
NEW
JERSEY RESOURCES
CORPORATION
(Exact
name of registrant as specified in its charter)
|
New
Jersey
(State
or other jurisdiction
of
incorporation)
|
1-8359
(Commission
File
Number)
|
22-2376465
(IRS
Employer
Identification
No.)
|
|
1415
Wyckoff Road
Wall,
New Jersey
(Address
of principal executive offices)
|
|
07719
(Zip
Code)
|
(732)
938-1480
(Registrant's
telephone number, including area code)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR240.14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Explanatory Note
This
current report on Form 8-K/A is
being filed solely to provide a conformed signature which was inadvertently
omitted in the original filing on this date.
Item 8.01.
Other Events.
On
November 20, 2007, based upon increases in operating, maintenance and capital
costs, New Jersey Natural Gas Company (NJNG), a wholly-owned subsidiary of
New
Jersey Resources Corporation, filed a petition with the New Jersey Board of
Public Utilities (BPU), to increase base rates for delivery service by
approximately $58.4 million, which includes a return on equity component of
11.375 percent. Base rates are the portion of the customers’ bill
designed to cover NJNG’s delivery costs including, operating and maintenance
expenses and a reasonable return on its regulated investments.
NJNG’s
current gas delivery rates will remain in effect until the BPU takes action
on
the filing. It is typical for a base rate case to take up to a year
to review, process and resolve. New base rates, if any, ultimately
approved by the BPU may differ from what has been proposed in the November
20,
2007 filing.
Separately,
NJNG announced its intention to notify the BPU that it will provide residential
and small commercial sales customers with refunds totaling approximately $30
million. NJNG is able to offer these savings as a result of cost control
activities, including hedging and strategic storage management, as well as
lower
prices for natural gas on the wholesale market.
A
copy of
the press release, dated as of November 20, 2007, announcing the filing of
the
base rate case is attached as Exhibit 99.1 to this report and is incorporated
herein by reference.
Item
9.01. Financial Statements and Exhibits
(a) Financial
statements of businesses
acquired: Not
applicable.
(b) Pro forma financial
information: Not
applicable.
(c) Exhibits:
|
Exhibit
Number
|
Description
|
|
99.1
|
News
Release dated November 20, 2007.
|
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
NEW
JERSEY RESOURCES
|
| |
CORPORATION
|
|
Date:
November 27, 2007
|
|
| |
|
| |
/s/
Glenn C. Lockwood
|
| |
Senior
Vice President and Chief Financial
Officer
|
EXHIBIT
INDEX
|
Exhibit
Number
|
Description
|
|
99.1
|
News
Release dated November 20, 2007.
|