Sample attachment

What a retailer actually sends.

People picture a quote as a number in an email. It is not. This is the kind of document that comes back when we put a meter out to bid, and it is the reason the cheapest number in a list is not automatically the cheapest deal.

Everything below the line is the retailer's own paper, reproduced as it would arrive. We do not edit it, summarize it in place of it, or ask you to take our word for what is in it. In a real bid, one of these is attached for every retailer that answered, and the bid document is just the cover sheet that puts them side by side on the same terms.

Attachment 3 of 8 · Kessler Tool & Die bid · received 11 August 2026, 4:12 PM

RETAILER C

Retail Electric Provider · PUCT Certificate No. XXXXX

PRICING PROPOSAL
Proposal No. C‑26‑44817
Issued 11 August 2026
Expires 14 August 2026, 4:00 PM CPT

Prepared for

Customer: Kessler Tool & Die
Requested by: Scout, as customer's agent
Service address: Houston, TX 77032

ESI ID: 10443720004417026
Utility: CenterPoint Energy
Rate class: Secondary, demand metered

Pricing

All prices are in cents per kWh and are firm for the term shown, subject to the conditions on this proposal. Flow start 16 November 2026.

Term	Energy price	Est. monthly	Product
12 months	6.180¢	$1,597	Fixed, all‑in
24 months	6.050¢	$1,563	Fixed, all‑in
36 months	6.220¢	$1,607	Fixed, all‑in

Estimated monthly figures are the energy component only, at the 310,000 kWh annual volume supplied with the request, and are shown for comparison. They are not a bill estimate and exclude utility delivery charges and taxes.

Included in the price

Energy, ancillary services and ERCOT administrative fees
ERCOT capacity (4CP) and transmission cost of service charges
Line losses and scheduling

Not included

Utility (TDU) delivery charges, which are billed at the utility's filed tariff and pass through without markup
State and local sales tax, and gross receipts reimbursement where applicable
Any new or changed charge imposed by ERCOT, the PUCT or the utility after the contract date, which may be passed through under Section 4 of the Terms of Service

Conditions

Bandwidth	Pricing assumes annual usage within 80% to 120% of the 310,000 kWh volume provided. Usage outside the band is settled at the prevailing market price for the excess or shortfall.
Credit	Subject to credit review. Based on the information provided, no deposit is required. Retailer C may require security if the customer's credit position changes materially.
Early termination	Liquidated damages equal to the positive difference between the contract price and the then‑current market price, multiplied by the remaining contracted volume. No termination fee applies if the market price equals or exceeds the contract price.
Renewal	Converts to a month‑to‑month variable rate at the end of the term unless a new agreement is signed. Written notice is not required to prevent an automatic renewal at a fixed rate; none applies.
Switch and enrollment	Switch requested for the next available meter read on or after the flow start date. The customer is responsible for terminating any existing agreement.
Broker compensation	$0.00000 per kWh. No broker fee is included in the prices above, at the written request of the customer's agent.

Acceptance

To accept, sign below and return before the expiry above, together with a completed Letter of Authorization and W‑9. The governing Terms of Service and Electricity Facts Label are attached to this proposal and form the whole of the agreement.

Term accepted: ______ months Price: ________ ¢/kWh

Authorized signature, Kessler Tool & Die Printed name and title Date

This proposal is an offer to contract and is not binding until countersigned by Retailer C. Prices are based on wholesale market conditions at the time of issue and are withdrawn automatically at the expiry shown, whether or not notice is given. Prices assume the usage, load shape and meter data supplied with the request; material variance permits repricing prior to countersignature. This document is confidential and is intended solely for the named customer and its authorized agent.

Reading it

Four things in that document that a price list cannot show you.

The price expires in 3 days

Every quote in a bid has its own clock, and they rarely line up. This is why a bid has to run as one round with a common deadline. A number collected last week and a number collected today are not a comparison, and stitching them into one table is how a list ends up recommending something you can no longer buy.

"All-in" means something specific

This one includes capacity and transmission in the rate. A competitor quoting 5.94¢ on an energy-only basis is not cheaper; it is a different product with those charges left outside, floating. That single distinction moved the ranking in the bid document, and it is invisible if you only read prices.

The band is where the surprise lives

Fixed holds only between 80% and 120% of the volume they were given. A facility that adds a shift, or a tenant, or a second shop fan can walk out of its own band and be settled at market on the excess. The teardown measures the load first for exactly this reason.

The compensation line is ours to insist on

"Broker compensation: $0.00000 per kWh" is on that page because the request asked for it in writing. Left unasked, the standard practice is to build a fee into the rate, where it is real money and you never see it named. Ask for the line and it becomes checkable.

See where this ends up.

Eight of these, normalized onto one table, with what we made from the whole exercise printed at the bottom.

Read the bid document Read the teardown first