RGC Resources Inc. (RGCO)

Overview

RGC Resources, Inc. stands as an eminent energy services company, distinguished by its enduring history since its establishment in 1883. Based in Roanoke, Virginia, the company has meticulously extended its operations across Roanoke and its adjacent localities, solidifying its presence through the provision of natural gas to a vast spectrum of clients. These encompass residential, commercial, and industrial customers, showcasing the company's comprehensive reach and versatility in meeting diverse energy needs. The notable infrastructure managed by RGC Resources, Inc. includes an extensive network of transmission and distribution pipeline, which spans approximately 1,179 miles, alongside a liquefied natural gas storage facility and six adeptly operated metering stations. This robust provision of energy solutions is further enriched by the company’s venture into biogas production, underscoring its commitment to innovation and environmental stewardship.

Products and Services

• Natural Gas Distribution

At the core of RGC Resources, Inc.'s operations lies the distribution of natural gas. This essential service caters to the energy needs of residential, commercial, and industrial sectors within Roanoke, Virginia, and its neighboring areas. This segmentation ensures a tailored approach, facilitating a reliable and efficient energy supply crucial for heating, cooking, and industrial processes.

• Unregulated Services

Beyond its regulated natural gas distribution, RGC Resources, Inc. expands its market footprint through the offering of various unregulated services. These services are designed to meet the broader and more specific needs of its clientele, enabling the company to adopt a versatile stance in the energy sector.

• Liquefied Natural Gas (LNG) Storage

The company's strategic operation of a liquefied natural gas storage facility plays a pivotal role in ensuring the reliability and security of its natural gas supply. This facility not only supports the company’s core distribution services but also enhances its capability to manage supply and demand fluctuations, thereby sustaining steady gas availability throughout the year.

• Biogas Production

RGC Resources, Inc. is stepping forward with its initiative in biogas production, signaling its commitment to renewable energy and environmental sustainability. By converting organic waste into biogas, the company taps into a clean energy source that reduces greenhouse gas emissions and contributes to a sustainable energy ecosystem.