Energy Market Access: Aggregators Can Now Sell Customer Demand Flexibility.
This law mandates that wholesale electric markets must allow third-party companies (aggregators) to submit bids based on the combined energy-saving capabilities of retail customers. This change aims to increase grid stability and competition, potentially offering consumers new ways to earn incentives or reduce their electricity bills by participating in demand response programs. State prohibitions against this practice are overridden to facilitate broader market participation.
Key points
Aggregators can combine individual customer energy savings (demand flexibility) and sell it into the wholesale power market, overriding conflicting state laws.
This opens up new opportunities for customers of large utilities to participate in programs that reward them for shifting or reducing energy use.
The Federal Energy Regulatory Commission (FERC) must establish the specific rules for these new market participants within one year.
Status:
Introduced
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