To satisfy the application demands for latent heat storage in the temperature range from 5 degrees C to 15 degrees C, an original composite phase change material (PCM), CA-NA/EG (caprylic-nonanoic acid/expanded graphite), was prepared and characterized. For CA-NA/EG, the mass ratio of CA and NA was 8:2, and the mass percentage of the CA-NA in CA-NA/EG composite PCM was determined as 90% by leakage test. The melting and freezing points of the CA-NA/EG were 6.84 degrees C and 9.34 degrees C, and corresponding latent heats were 108.75kJ/kg and 107.67 kJ/kg. In addition, its thermal conductivity, thermal stability and reliability were investigated by thermal conductivity apparatus (TCA), thermal gravimetric analyzer (TGA), and accelerated thermal cycle test for 100 melt/freeze cycles, respectively. The results showed that the CA-NA/EG had a good thermal stability and an excellent thermal reliability. Moreover, the thermal conductivity of CA-NA/EG had an improvement of 25% than that of the CA-NA. On the other hand, the accelerated thermal cycle test also indicated that the CA-NA/EG had no supercooling during all melt/freeze cycles. Therefore, the prepared composite PCM, CA-NA/EG, can be applied for low-temperature thermal energy storage owing to its proper melting temperature, acceptable latent heat and thermal conductivity, excellent thermal stability and reliability.