Strong Main Extensions and Renewals
RGC Resources installed 3.9 new main miles, marking a 50% increase over the total main miles installed in all of fiscal 2024, with 541 new services connected by June 30.
Increased Gas Volumes
Total delivered gas volumes increased by 6% in the third quarter compared to the same period in 2024, with a 15% increase year-to-date due to a colder winter and higher industrial consumption.
Significant Net Income Growth
Net income for the first 9 months of fiscal 2025 was $13.5 million, a 16% increase from $1.15 per share in the first 9 months of fiscal 2024.
Refinancing Success
RGC Resources secured a 7-year refinancing agreement with two banks at a favorable interest rate, classifying most of its Midstream debt as long-term.
Economic Development Momentum
A major investment by Google was announced in the region, anticipated to be the largest ever, boosting local economic activity.