Company: MSEX
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001174947-25-001119
Chunk: 19

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 19
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 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.

12 

    (In Thousands)

    Three Months Ended 
    Six Month Ended

    June 30, 
    June 30,

    2025 
    2024 
    2025 
    2024
  
    Operation by Segments 

    Revenues: 

    Regulated 
    $46,267  
    $45,966  
    $87,763  
    $83,431 
  
    Non – Regulated 
     3,251  
     3,410  
     6,204  
     6,614 
  
    Inter-segment Elimination 
     (195) 
     (230) 
     (343) 
     (375)
  
    Consolidated Revenues 
    $49,323  
    $49,146  
    $93,624  
    $89,670 

    Operating Expenses 

    Purchased Water: 

    Regulated 
    $2,078  
    $1,967  
    $3,985  
    $3,753 
  
    Non – Regulated 
     —  
     —  
     —  
     — 
  
    Inter-segment Elimination 
     (74) 
     (114) 
     (103) 
     (141)
  
    Consolidated Purchased Water 
    $2,004  
    $1,853  
    $3,882  
    $3,612 

    Other Operations and Maintenance Expenses: 

    Regulated 
    $19,152  
    $17,923  
    $36,646  
    $34,645 
  
    Non – Regulated 
     2,031  
     2,165  
     3,887  
     4,267 
  
    Inter-segment Elimination 
     (121) 
     (116)