Services & Programs

Financing

New Commercial Gas Equipment Financing

Piedmont Natural Gas will finance the purchase of your new natural gas equipment. As soon as you determine the natural gas equipment that best serves your needs and you have an estimate on the equipment, you may finance directly through Piedmont by completing and submitting a credit application. A Piedmont representative will contact you as soon as the application is received.

Propane Equipment Conversion Financing

Subject to a credit approval, Piedmont will finance the price of converting existing propane equipment to natural gas usage and for new natural gas equipment installed under the same contract.  The equipment or conversion must be an existing commercial building on the Company's distribution system that had no prior natural gas account.  Rates are as follows are are subject to change based on regulatory commission decisions, economic factors, or due to written notice by Piedmont Natural Gas.

The chart below shows the financing rate and terms for commercial gas equipment.

Commercial Equipment Financing*

Terms Revised Rate Applicable To: Annual terms up to 36 months 14.9% All natural gas equipment with year-round usage.** Annual terms up to 36 months 17.9% All natural gas equipment without year-round load.

* For customers with approved credit, the Commercial Equipment Financing Program requires a minimum down payment of 10% of the installed price. Propane Conversions do not require a down payment.
** Includes space heating equipment when financed with other year-round equipment with a load factor of 60% or more.

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