Company: MSEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001174947-25-000677
Chunk: 51

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 51
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 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 
  
    Consolidated Depreciation 
    $6,527  
    $5,396 

    Operating Income: 

    Regulated 
    $10,701  
    $8,999 
  
    Non –