Bill 119 HR 604, also known as the "Transmission Organization Aggregator Participation Act," aims to require Transmission Organizations to accept bids from aggregators representing certain retail customers. Transmission Organizations are entities responsible for managing the transmission of electricity across the grid.
The bill seeks to allow aggregators, who represent groups of retail customers, to participate in the bidding process for electricity transmission services. This would give retail customers more options for accessing and purchasing electricity, potentially leading to lower costs and increased competition in the market.
The bill does not specify which retail customers would be eligible to participate through aggregators, but it is likely targeting larger consumers who may benefit from the ability to negotiate better rates through collective bargaining.
Overall, the goal of Bill 119 HR 604 is to promote a more competitive and efficient electricity market by allowing aggregators to participate in the bidding process for transmission services. This could potentially lead to cost savings for consumers and increased innovation in the industry.