The “Price-to-Beat” (PTB), is the price determined by the Public Utility Commission of Texas (PUCT) for the incumbent electric utilities. If your facilities in aggregate have a total load of less than 1 MW in peak demand, and you have chosen to remain with your incumbent utility, it is the rate you are currently paying. It was designed to be the highest rate in the market in order to allow for new providers to enter the market and encourage competition. It is a variable or floating price which is dependent on the cost of fuel used to generate electricity (mostly natural gas), which can be adjusted twice a year.
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Why Change Providers?
