Company: MSEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001174947-25-000677
Chunk: 15

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 15
---
, Tidewater, Pinelands Water and Southern
Shores. This segment also includes a regulated wastewater system in New Jersey, Pinelands Wastewater. The Company is subject to regulations
as to its rates, services and other matters by the states of New Jersey and Delaware with respect to utility service within these states.
The other segment is primarily comprised of non-regulated contract services for the operation and maintenance of municipal and private
water and wastewater systems in New Jersey and Delaware and includes USA, USA-PA, and White Marsh.

10 

    (In Thousands) 

    Three Months Ended 

    March 31, 
  
    Operation by Segments 
    2025  
    2024 
  
    Revenues: 

    Regulated 
    $41,496  
    $37,465 
  
    Non – Regulated 
     2,952  
     3,204 
  
    Inter-segment Elimination 
     (147) 
     (145)
  
    Consolidated Revenues 
    $44,301  
    $40,524 

    Operating Expenses 

    Purchased Water: 

    Regulated 
    $1,907  
    $1,789 
  
    Non-Regulated 
     —  
     — 
  
    Inter-segment Elimination 
     (28) 
     (30)
  
    Consolidated Purchased Water 
    $1,879  
    $1,759 

    Other Operations and Maintenance Expenses: 

    Regulated 
    $17,493  
    $16,720 
  
    Non – Regulated 
     1,856  
     2,101 
  
    Inter-segment Elimination 
     (119) 
     (116)
  
    Consolidated Other Operations and Maintenance Expenses 
    $19,230  
    $18,706 

    Other Taxes: 

    Regulated 
    $5,050  
    $4,744 
  
    Non – Regulated 
     58  
     54 
  
    Consolidated Other Taxes 
    $5,108  
    $4,798 

    Depreciation: 

    Regulated 
    $6,464  
    $5,329 
  
    Non – Regulated 
     63  
     67 
  
    Consolid