Fixed Pricing
Fixed pricing programs offer set rates for easier budgeting.
Sprague's Fixed Program allows you to lock in a rate for natural gas over a time period that suits your business needs. The natural gas you agree to buy will stay at your locked-in rate, regardless of changes in market prices. This program provides a high level of price protection for the volume you commit to and is a great plan if you're most interested in having a set rate for a specific volume of gas. Various term and swing options are available.
Variable Pricing
Variable pricing programs offer rates based off of a point of commodity pricing (Henry Hub, Louisiana).
Sprague’s Variable Pricing Program allows you to float with the market and lock in rates at a later time. Your monthly natural gas price will fluctuate with the monthly settlement price, and not be locked in to a specific rate. Monthly variable pricing programs are a great option if you would like to lock in a price for only a portion of your load up front, and hope to take advantage of a falling market or need to purchase in the summer months, when pricing is generally cheaper.
Market Based Pricing
Market based pricing programs offer rates based on a daily price.
Sprague’s Market Based Pricing plan bases your monthly natural gas rate on the daily price for each day in the month. This plan works for business managers who think current price levels are higher than they will be in the future, and it fits best if your facilities can switch to an alternate fuel during natural gas price spikes. Market-based pricing programs also work well for customers who use natural gas only in the summer and can take advantage of the generally lower daily market price.
Customized Pricing Plans
Sprague offers custom pricing plans to businesses with complex energy needs.
On a Sprague customized pricing program, your monthly price of natural gas will be based on a combination of pricing options. This option works well for large usage customers who want protection against a rising market–but also want to enjoy cheaper pricing if the market price moves lower. Custom pricing programs are available to customers who use at least 50,000 therms per month.