HeatCurve®
Designed to help your business thrive
Sprague’s HeatCurve® Program lets you buy the same way you sell. We offer volume flexibility over 12 different schedules, so you can match your winter heating demand curve. Whatever your program, Sprague has a HeatCurve schedule designed to cover it – in both full volume and small volume versions.
Flexible Contracts
Forward contracts as low as 1,000 gallons and customizable in 100-gallon increments
Flexible Volumes
Sprague weights your volumes based on when your customers need the product, also allowing you to select the appropriate time period
Simple Pricing
Sprague provides pricing visibility for each forward month and creates a single weighted-average price, making it easy for you to better serve your customers
PhysicalCap®
Cap protection with a built-in HeatCurve®
Sprague’s PhysicalCap® price protection program helps remove the mystery and reduce the risk of covering your customers’ cap programs. With protection that matches exposure (lift-for-lift), retailers can easily create a pricing program for their customers with less confusion and risk than ever before.
No Storage? No Problem – Match your exposure today
- Maximum cap and minimum floor - with no fixed forward required
- Protection offered throughout the entire month based on your lifting schedule
- Small minimum gallon requirements*
- Cash flow protection when you need it most - during the delivery window
- Price protection premium payment choices available to minimize cash flow impact
- Built-in basis protection and built-in Sprague HeatCurve® schedule
How it works:
- Choose your HeatCurve® schedule and volume
- A maximum cap price is set with a maximum base price and fixed differential
- You get the lower price of either the maximum cap price or base (market) price plus the differential protection offered throughout the entire month based on your lifting schedule
- Small minimum gallon requirements*
- Cash flow protection when you need it most - during the delivery window
*Minimum total requirement of 10,000 gallons, but can be done in 1,000 gallons minimum per month as long as total is 10,000 gallons.
PriceFlex®
Downside Protection, Individual Lifts
Sprague’s innovative PriceFlex® price protection program provides the industry’s first way to match downside protection with an individual lifting - reducing the time, confusion and risk associated with managing customer price protection programs.
Simplify Your Cap Management
- Can be added to any forward contract - HeatCurve® or Fixed Forward
- Protection offered throughout the entire month based on your lifting schedule
- Small minimum gallon requirements*
- Cash flow protection when you need it most - during the delivery window
- Price protection premium payment choices available to minimize cash flow impact
- Built-in basis protection
*Minimum total requirement of 10,000 gallons, but can be done in 1,000 gallons minimum per month as long as total is 10,000 gallons.
Flexible Volumes
Select a Fixed Forward on a HeatCurve® schedule or customized volume
Flexible Schedules
Protection is offered throughout the entire month, based on your liftings
Simple Pricing
Sprague provides pricing visibility for each forward month and creates a single weighted-average price, making it easy for you to better serve your customers
Greater Savings
Cash flow protection when you need it most – during the delivery window
Sprague Real-Time ®
Seize every market opportunity with the Sprague Real-Time® Pricing Platform
Sprague is committed to continually investing in products and services that make a difference for you—and your customers. That’s why we created the Sprague Real-Time® Pricing Platform, the industry’s best and simplest online tool,that offers live price updates throughout the day and the ability to lock in the lowest Sprague price from the moment you place your order. Wherever and whenever you need it, our pricing platform increases your opportunities for successful purchasing and business decisions.
The Sprague Real-Time® pricing platform—the industry’s best and simplest online tool—provides you with live price updates throughout the day, and the ability to lock in the lowest Sprague price from the moment you place your order. The pricing tool offers:
- Embedded real-time messaging for price opportunities, market news, and supply/terminal updates
- Ability to set price alerts for prompt and forward prices
- Prompt and forward contracts available in quantities to fit your needs
- HeatCurve® (126,000-gallon minimum) and small volume HeatCurve® (1,000-gallon minimum)
- Daily product trading ranges
- Direct integration to SpraguePORT® for contract balances
- Access to historical buying data
- iOS and Android mobile app, “Sprague RT”