Piedmont Natural Gas, Spinx Open First Public CNG Fueling Station in Anderson

Vehicles will fill up on compressed natural gas today for the gasoline equivalent of $1.81 per gallon

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Sep 03, 2015, 10:00 ET

ANDERSON, S.C., Sept. 3, 2015 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) and The Spinx Company today celebrated the opening of Anderson's first public compressed natural gas (CNG) refueling station at 1207 SC Highway 28 Bypass. The station is Piedmont's third public refueling facility in South Carolina and its first station located at an existing convenience store.

With Spinx's leading edge technology and exceptional customer service, the company is "Making Life Easier" for customers.

Rep. Jeff Duncan, who represents South Carolina's 3^rd Congressional District, joined executives from Piedmont Natural Gas and Spinx to mark the occasion. The event featured refueling demonstrations with several types of vehicles that will use the station, including passenger and commercial fleet vehicles.

"Piedmont Natural Gas is excited about partnering with Spinx to serve the growing number of companies and fleet vehicles using CNG," said Karl Newlin, senior vice president and chief financial officer for Piedmont Natural Gas. "More businesses are choosing natural gas because it is an economical and environmentally responsible alternative to gasoline and other transportation fuels. Providing greater access to this abundant, low-cost energy source is an important part of Piedmont's larger commitment to growing CNG as an alternative transportation fuel."

"Spinx has been the leader in providing innovative fueling options to our customers since 1972, and the CNG fuel option is an important new choice for fleet operators and individual motorists who appreciate the benefits of natural gas," said Stewart Spinks, founder and chairman of The Spinx Company. "We are committed to continuing our leadership in this area, and so are especially proud of our new partnership with Piedmont Natural Gas."

Vehicles fueled by CNG release significantly lower levels of carbon dioxide than gasoline or diesel vehicles, and require less maintenance. CNG also costs less than gasoline or diesel, and is currently priced at approximately $1.81 in South Carolina for the energy equivalent of one gallon of gasoline.

With the opening of the Anderson station, Piedmont now operates 10 public CNG refueling stations throughout North Carolina, South Carolina and Tennessee. Piedmont also is working with corporate fleet owners and municipalities to install dedicated CNG refueling facilities at their locations. In addition, Piedmont has converted approximately one-third of its own corporate fleet to vehicles that run on CNG.

For more information about the environmental benefits of natural gas and how Piedmont is integrating sustainability into its daily business operations, please visit sustainability.piedmontng.com.

About Spinx

With Spinx's leading edge technology and exceptional customer service, the company is "Making Life Easier" for customers. Headquartered in Greenville, S.C., Spinx operates 80 convenience retail stores in South Carolina. Founded in 1972 by Stewart Spinks, today the company is ranked among the top U.S. convenience store chains in the country. For more information, visit www.myspinx.com.

About Piedmont Natural Gas

Piedmont Natural Gas is an energy services company primarily engaged in the distribution of natural gas to more than one million residential, commercial, industrial and power generation utility customers in portions of North Carolina, South Carolina and Tennessee, including customers served by municipalities who are wholesale customers. Our subsidiaries are invested in joint venture, energy-related businesses, including unregulated retail natural gas marketing, regulated interstate natural gas transportation and storage, and regulated intrastate natural gas transportation businesses. More information about Piedmont Natural Gas is available on the Internet at www.piedmontng.com.

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SOURCE Piedmont Natural Gas