diff --git a/esphome/components/text_sensor/filter.cpp b/esphome/components/text_sensor/filter.cpp
index ba77913d1b..80edae2b6c 100644
--- a/esphome/components/text_sensor/filter.cpp
+++ b/esphome/components/text_sensor/filter.cpp
@@ -51,7 +51,7 @@ optional<std::string> ToUpperFilter::new_value(std::string value) {
 // ToLowerFilter
 optional<std::string> ToLowerFilter::new_value(std::string value) {
   for (char &c : value)
-    c = ::toupper(c);
+    c = ::tolower(c);
   return value;
 }
 
diff --git a/esphome/const.py b/esphome/const.py
index c0f0ddcbff..e3de750798 100644
--- a/esphome/const.py
+++ b/esphome/const.py
@@ -1,6 +1,6 @@
 """Constants used by esphome."""
 
-__version__ = "2022.11.0b2"
+__version__ = "2022.11.0b3"
 
 ALLOWED_NAME_CHARS = "abcdefghijklmnopqrstuvwxyz0123456789-_"