Bill · H.R. 604· House(119-HR-604)
REDUCE Act
- Introduced
- 1/22/2025
- Last activity
- 1/22/2025 — Referred to the House Committee on Energy and Commerce.
- Sponsored by
- Sean Casten
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
This bill, known as the "REDUCE Act," aims to change how organized wholesale electric markets function. It requires Transmission Organizations to allow aggregators of certain retail customers to submit bids. These aggregators would combine the demand flexibility of customers from utilities that distributed over 4 million megawatt-hours in the previous fiscal year. The Federal Energy Regulatory Commission is tasked with creating a final rule regarding this requirement within 12 months of the act's enactment.
Yes· 3 of 5
Does this give the federal government more power?+4
The bill uses federal authority to override potential state-level prohibitions regarding who may bid into wholesale electric markets.
Would business owners be better off under this?+3
Energy aggregators and participating businesses may benefit from more flexible market participation options.
Does this make it easier to run a small business?+3
By allowing aggregators to submit bids, the bill creates new market participation opportunities for businesses that manage demand flexibility.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Increased Demand Flexibility: Transmission Organizations would be required to allow aggregators to submit bids that aggregate the demand flexibility of specific retail customers. This could allow large-scale utility customers to participate more effectively in organized wholesale electric markets (Section 2(a)).
Potential Negative Impacts for People
- No negative impacts are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Increases Federal Power+4
- Demographic And Interest Groups
- Good For Business Owners+3
- Economy And Finance
- Improves Small Business Support+3
- Environment Energy And Infrastructure
- Improves Environmental Protections+2Improves Public Transit+1
- 1/22/2025
- Referred to the House Committee on Energy and Commerce.
- Introduced in House