A bill to require Transmission Organizations to allow aggregators of retail customers to submit to organized wholesale electric markets bids that aggregate demand flexibility of customers of certain utilities, and for other purposes.

Bill 118 s 4411, also known as the "Demand Flexibility Act," aims to require Transmission Organizations to permit aggregators of retail customers to participate in organized wholesale electric markets by submitting bids that combine the demand flexibility of customers from specific utilities. This bill seeks to increase competition and efficiency in the electric market by allowing aggregators to offer demand response services that can help balance supply and demand in real-time.

The bill emphasizes the importance of demand flexibility in managing the grid and reducing overall electricity costs. By allowing aggregators to participate in wholesale markets, customers can benefit from more competitive pricing and potentially lower electricity bills. Additionally, this legislation aims to promote the use of renewable energy sources and reduce greenhouse gas emissions by incentivizing the use of demand response services.

Overall, Bill 118 s 4411 seeks to modernize the electric grid and promote a more flexible and sustainable energy system. It aims to empower customers to actively participate in the energy market and contribute to a more efficient and reliable grid.