Corporate Payment Solutions

Fleet Solutions: Price Risk Management

Price Risk Management: Bringing Protection to the Fuel Pump

Eliminate the volatility of fuel prices from your outlook with our comprehensive and reliable price risk management solutions. Pricelock is one program Wright Express offers to help control fleet costs. Covering all levels of fuel consumption and chosen vendors, Pricelock offers price risk management and price and budget management solutions for fleets of all sizes. Its unique suite of products delivers an array of budget control and price protection options to your business by offering simple ways to manage the cost of fuel—putting the control back in your hands.

Lock in now, save later

With Pricelock's Universal Retail Price Protection program, you can be on your way to guaranteed budget predictability and control in three simple steps:

1. Lock in protection by estimating the number of gallons of fuel at a daily price for your area. Buy the option to purchase a specified number of gallons at a locked-in price for a specified term.
2. Swipe and pump with peace of mind. Fuel your vehicles at 90% of retail fuel locations nationwide in the Wright Express network for the specified period of purchase. You are protected if prices go up beyond your option price. Enjoy the benefit of lower prices if fuel drops below the locked option price.
3. Manage your fuel either by reviewing Pricelock's customized monthly statements or visiting Pricelock.com to manage your committed gallons, review historical and current market trends and gain insight into factors that may influence fuel costs thus affecting your future purchasing decisions.

You have a partner every step of the way with Wright Express Corporate Payment Solutions. Contact us today and let us show you how Price Risk Management can help streamline budgeting and take the volatility out of fuel prices for your business.