In a world where energy costs can be unpredictable, finding ways to optimize operating expenses is crucial for businesses of all sizes. At Sprague, we strive to be your partner in energy and we understand the importance of budget certainty and customized pricing plans. With a long history of helping customers navigate the ever-changing energy market, we bring unmatched expertise to every relationship. In this blog post, we’ll break down Sprague’s natural gas pricing plans, helping you find the best fit for your business needs.
Understanding Your Business: The First Step to Budget Certainty
At Sprague, our relationship with you begins by understanding your business, your goals, and your energy usage. This knowledge allows us to craft a personalized solution that meets your needs today and adapts to changes in the future. Our goal is to earn your business with every interaction, providing dedicated sales and support teams ready to answer your questions. By working closely with you, we provide the tools necessary to plan and track your energy purchases effectively.
Whether you’re a small business or a large corporation, our pricing plans are designed to offer flexibility and control over your energy costs. Here’s how you can optimize your natural gas operating costs with Sprague’s diverse pricing options.
Fixed Pricing: Stability and Predictability
For businesses looking for budget stability, Sprague’s Fixed Pricing Program is likely a favorable choice. This plan allows you to lock in a natural gas rate for a set period, ensuring your costs remain consistent regardless of market fluctuations. Fixed pricing provides a high level of price protection for the volume of gas you commit to, making it easier to predict and manage your energy expenses.
Advantages of Fixed Pricing:
- Budget certainty with set rates
- Protection against market volatility
- Various term options to match your business needs
By choosing a fixed pricing plan, you can focus on your core business operations, knowing that your natural gas costs are under control.
Variable Pricing: Flexibility and Market Opportunities
If you like to keep an eye on the market and prefer to take advantage of market opportunities, Sprague’s Variable Pricing Program might be the right fit. With this plan, your natural gas rates are tied to a commodity pricing point, such as Henry Hub in Louisiana. This means your monthly price will fluctuate with the market, giving you the chance to benefit from lower prices when the market drops.
Advantages of Variable Pricing:
- Potential cost savings in a falling market
- Flexibility to lock in prices at a later date
- Ideal for businesses with seasonal natural gas needs
Variable pricing is a smart option for companies that want to stay agile and responsive to market trends, particularly those that use natural gas primarily in the summer when prices are typically lower.
Market-Based Pricing: Dynamic and Daily
For businesses that can adapt to daily price changes, Sprague’s Market-Based Pricing plan offers a dynamic solution. This plan sets your natural gas rate based on daily market prices, providing the most immediate reflection of market conditions. Market-based pricing is suitable for businesses that can switch to alternate fuels during price spikes or those with a flexible usage schedule.
Advantages of Market-Based Pricing:
- Real-time reflection of market conditions
- Opportunity to capitalize on daily price fluctuations
- Suitable for businesses with alternative fuel options
This plan is ideal for business who prefer to move with the flow of the market and want the flexibility to adjust their energy usage accordingly.
Customized Pricing Plans: Tailored Solutions for Complex Needs
Every business is unique, and even companies within the same industry can have vastly different energy needs. As a result, some may require more specialized energy solutions to meet their specific demands. If our standard pricing programs don’t quite fit your operations, Sprague offers customized pricing plans tailored to address complex energy requirements. This option combines elements of fixed, variable, and market-based pricing to provide a bespoke solution that balances risk and opportunity.
Advantages of Customized Pricing Plans:
- Tailored to meet specific business requirements
- Combines price protection with market opportunities
- Available for customers using at least 50,000 therms per month
Our customized plans are ideal for large usage customers who want both the security of fixed prices and the flexibility to benefit from lower market rates. Our local and knowledgeable account managers will work with you for your business. If you’re interested in seeing some of the industries we work with, check out our association page.
Why Choose Sprague?
Sprague is committed to being more than just a supplier—we are your energy partner. With our extensive industry knowledge and dedication to customer service, we aim to provide you with the best tools to manage your natural gas purchasing effectively. Simply enter your zip code or state on our website to see if we provide services in your area. Even if you don’t see your location, reach out to us to explore potential partnership opportunities.
Take Control of Your Energy Costs Today
With Sprague’s diverse pricing plans, you have the power to choose how to manage your natural gas costs effectively. Whether you prioritize budget certainty, market flexibility, or a combination of both, Sprague has a solution to meet your needs. Let us help you optimize your operating costs and build a brighter, more secure energy future.
Contact us today to learn more about our pricing options and find the plan that’s right for your business. Together, we can make a difference in your energy portfolio.
