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By empowering consumers and enabling them as active players in the power and energy sector, demand flexibility requires more precise and sophisticated load modeling. In this paper, a laboratory testbed was designed and implemented for surveying the behavior of laboratory loads in different network conditions by using real-time simulation. Power hardware-in-the-loop was used to validate the load models by testing various technical network conditions. Then, in the emulation phase, the real-time simulator controlled a power amplifier and different laboratory equipment to provide a realistic testbed for validating the load models under different voltage and frequency conditions. In the case study, the power amplifier was utilized to supply a resistive load to emulate several consumer load modeling. Through the obtained results, the errors for each load level and the set of all load levels were calculated and compared. Furthermore, a fixed consumption level was considered. The frequency was changed to survey the behavior of the load during the grid’s instabilities. In the end, a set of mathematical equations were proposed to calculate power consumption with respect to the actual voltage and frequency variations.