<SUBMISSION>
<ACCESSION-NUMBER>0000906504-05-000011
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20050512
<ITEMS>2.02
<ITEMS>9.01
<FILING-DATE>20050512
<DATE-OF-FILING-DATE-CHANGE>20050512
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>RGC RESOURCES INC
<CIK>0001069533
<ASSIGNED-SIC>4923
<IRS-NUMBER>541909697
<STATE-OF-INCORPORATION>VA
<FISCAL-YEAR-END>0930
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-26591
<FILM-NUMBER>05824629
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>519 KIMBALLAVENUE N.E.
<CITY>ROANOKE
<STATE>VA
<ZIP>24016
<PHONE>5407774427
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>519 KIMBALL AVENUE N.E.
<CITY>ROANOKE
<STATE>VA
<ZIP>24016
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>frm8k0505full.txt
<DESCRIPTION>FORM 8-K FOR MAY 2005
<TEXT>
-------------------------------------------------------------------------------

                             SECURITIES AND EXCHANGE
                                   COMMISSION
                             Washington, D.C. 20549
                                  ____________

                                    FORM 8-K
                                  ____________

                                 CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934

        Date of Report (Date of Earliest Event Reported): May 12, 2005
                                  ____________

                               RGC RESOURCES, INC.
             (Exact name of Registrant as specified in its charter)
                                  ____________

             Virginia              000-26591                54-1909697
         (State or other          (Commission              (IRS Employer
         jurisdiction of          File Number)             Identification No.)
         incorporation)

            519 Kimball Ave., N.E.
               Roanoke, Virginia                       24016
      (Address of principal executive offices)       (Zip Code)

          Registrant's telephone number, including area code: 540-777-4427

          (Former name or former address, if changed since last report)

-------------------------------------------------------------------------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

|_|  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 240.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

-------------------------------------------------------------------------------
<PAGE>
ITEM 2.02.     RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

               On May 12, 2005, RGC Resources, Inc., issued a press release
               announcing the second quarter results for the quarter ending
               March 31, 2005. A copy of the press release is attached hereto as
               Exhibit 99.1 and is hereby incorporated by reference.  The
               information in this Current Report, including the Exhibit
               attached hereto, shall not be deemed "filed" for purposes of
               Section 18 of the Securities Exchange Act of 1934, nor shall it
               be deemed incorporated by reference in any filing under the
               Securities Act of 1933, except as shall be expressly set forth by
               specific reference to such filing.


ITEM 9.01.     FINANCIAL STATEMENTS AND EXHIBITS.

Exhibit No.    Description of Documents
-----------    ------------------------

99.1           Press Release dated May 12, 2005.







<PAGE>


                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                            RGC RESOURCES, INC.



                                            By s/Howard T. Lyon
                                               Howard T. Lyon
                                               Vice-President, Treasurer and
                                               Controller
                                               (Principal Financial Officer)




Date: May 12, 2005


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>frm8k0505ex99.txt
<DESCRIPTION>EXHIBIT 99.1 TO FORM 8-K FOR MAY 2005
<TEXT>
                                                                   Exhibit 99.1

Contact:          John B. Williamson, III
                  Chairman, President and CEO
Telephone:        (540) 777-3810

FOR IMMEDIATE RELEASE

                               RGC RESOURCES, INC.

                        SECOND QUARTER FINANCIAL RESULTS

ROANOKE, Va. (May 12, 2005)--RGC Resources, Inc. (NASDAQ: RGCO) announced
consolidated Company earnings of $2,063,719 or $0.99 per share on 2,087,105
average diluted shares outstanding for the quarter ended March 31, 2005. This
compares to quarterly earnings for the same quarter last year of $1,875,448 or
$0.92 per share on continuing operations and earnings of $3,148,252 or $1.55 per
share for total operations on 2,034,666 average diluted shares outstanding. John
Williamson, Chairman, President and CEO, attributed the improvement in earnings
from continuing operations primarily to the impact of improved natural gas sales
margins.

         Earnings per share for the twelve months ending March 31, 2005 were
$1.32 on continuing operations and $5.74 for total operations on 2,069,603
average diluted shares outstanding compared to $1.19 for continuing operations
and $1.78 for total operations on 2,017,243 average diluted shares outstanding
for the twelve months ended March 31, 2004. Earnings for the twelve months ended
March 31, 2005 were positively impacted by a gain of $9,504,329 or $4.65 per
diluted share on the sale of propane assets in the quarter ended September 30,
2004.

         RGC Resources, Inc. provides energy and related products and services
to customers in Virginia and West Virginia through its operating subsidiaries
including Roanoke Gas Company, Bluefield Gas Company, Diversified Energy Company
and RGC Ventures, Inc.

         From time to time, the Company may publish forward-looking statements
relating to such matters as anticipated financial performance, business
prospects, technological developments, new products, research and development
activities and similar matters. The Private Securities Litigation Reform Act of
1995 provides a safe harbor for forward-looking statements. In order to comply
with the terms of the safe harbor, the Company notes that a variety of factors
could cause the Company's actual results and experience to differ materially
from the anticipated results or other expectations expressed in the Company's
forward-looking statements. Summary financial statements for the first quarter
and twelve months are as follows:


<PAGE>

<TABLE>
<CAPTION>



                      RGC Resources, Inc. and Subsidiaries

     Condensed Consolidated Statements of Earnings and Comprehensive Income

                                   (Unaudited)
                                                            Three Months Ended                       Twelve Months Ended
                                                                March 31,                                 March 31,
                                                        2005                 2004                  2005                2004
                                                  --------------------------------------   ---------------------------------------
<S>                                                <C>                   <C>                <C>                   <C>
Revenues                                           $     43,329,669      $    39,721,044    $      111,553,265    $   100,908,097
Cost of sales                                            34,843,735           31,508,059            87,310,080         78,089,107
                                                  -----------------   ------------------   --------------------  -----------------
Gross margin                                              8,485,934            8,212,985            24,243,185         22,818,990
Other operating expenses                                  4,625,577            4,706,653            17,884,538         17,072,941
Interest expense                                            520,732              478,034             1,970,934          1,952,306
                                                  -----------------   ------------------   --------------------  -----------------
Income from continuing operations
   before income taxes                                    3,339,625            3,028,298             4,387,713          3,793,743
Income tax expense from continuing
   operations                                             1,275,906            1,152,850             1,650,781          1,390,223
                                                  -----------------   ------------------   --------------------  -----------------
Net income from continuing operations                     2,063,719            1,875,448             2,736,932          2,403,520
Net income from discontinued operations,
   net of income taxes                                            -            1,272,804             9,138,540          1,193,434
                                                  -----------------   ------------------   --------------------  -----------------
Net income                                                2,063,719            3,148,252            11,875,472          3,596,954
Other comprehensive income (loss), net
   of tax                                                    21,277              (41,002)              143,860             15,056
                                                  -----------------   ------------------   --------------------  -----------------
Comprehensive income                               $      2,084,996      $     3,107,250    $       12,019,332    $     3,612,010
                                                  =================   ==================   ====================  =================

Basic earnings per share of common stock:

   Income from continuing operations               $           1.00      $          0.93    $             1.33    $          1.19
   Discontinued operations                                        -                 0.63                  4.45               0.60
                                                  -----------------   ------------------   --------------------  -----------------
   Net income                                      $           1.00      $          1.56    $             5.78    $          1.79
                                                  =================   ==================   ====================  =================

Diluted earnings per share of common stock:

   Income from continuing operations               $           0.99      $          0.92    $             1.32    $          1.19
   Discontinued operations                                        -                 0.63                  4.42               0.59
                                                  -----------------   ------------------   --------------------  -----------------
   Net income                                      $           0.99      $          1.55    $             5.74    $          1.78
                                                  =================   ==================   ====================  =================

Cash dividends per common share                    $          0.295      $         0.295    $            5.680    $         1.150
                                                  =================   ==================   ====================  =================

Weighted average number of common shares outstanding:

   Basic                                                  2,073,009            2,021,131             2,054,998          2,005,256
   Diluted                                                2,087,105            2,034,666             2,069,603          2,017,243

</TABLE>



<PAGE>


<TABLE>
<CAPTION>


                             Condensed Consolidated Balance Sheets
                                          (Unaudited)

                                                                                            March 31,

Assets                                                                                2005              2004
                                                                                ----------------   --------------
<S>                                                                               <C>              <C>
Current assets                                                                    $   34,223,259   $   33,918,927
Total property, plant and equipment, net                                              72,070,508       67,457,426
Other assets                                                                             480,471          649,388
                                                                                ----------------   --------------

   Total Assets                                                                   $  106,774,238   $  102,025,741
                                                                                ================   ==============

Liabilities and Stockholders' Equity

Current liabilities                                                               $   39,287,908   $   23,649,819
Long-term debt                                                                        16,000,000       30,202,907
Deferred credits                                                                      11,993,008       10,210,781
                                                                                ----------------   --------------
   Total Liabilities                                                                  67,280,916       64,063,507
Stockholders' Equity                                                                  39,493,322       37,962,234
                                                                                ----------------   --------------

   Total Liabilities and Stockholders' Equity                                      $ 106,774,238    $ 102,025,741
                                                                                ================   ==============
</TABLE>



</TEXT>
</DOCUMENT>
</SUBMISSION>
