The term "aggregate" is the operative term triggering the requirement to obtain an aggregator's license under §56-588. The purpose of this amendment is to define the term "aggregate", an undefined term in the Act, to clarify the circumstances that trigger the need to obtain an aggregators license.
Those who, without a financial interest, undertake to facilitate discussions or agreements for electricity supply, such as apartment building owners, condominium and homeowner associations, and the like, are not required to obtain an aggregator's license.
The terms are also defined to expressly exclude acts of a licensed supplier or default service provider in securing electric supply to meet obligations to serve the customers they are obligated to serve, either by contract or as a default provider. While these activities are ostensibly on behalf of their retail customers, there is no need for licensing since these activities are transparent to the retail customer and don't affect the relationship between the retail customer and the supplier or default provider.
The terms are also defined in a way that brokers or marketers who don't actually take title to electricity are subject to the licensing requirements.