Policy Impact Analysis - 117/S/4061

Bill Overview

Title: A bill to amend the Energy Policy and Conservation Act to modify the definition of water heater under energy conservation standards, and for other purposes.

Description: This bill modifies the definition of water heater , otherwise revises energy conservation standards, and sets forth labeling requirements for water heaters. In addition, it directs the Department of Energy to determine whether electric storage water heaters should possess demand response capabilities.

Sponsors: Sen. Stabenow, Debbie [D-MI]

Target Audience

Population: Individuals using water heaters worldwide

Estimated Size: 330000000

Reasoning

Simulated Interviews

HVAC Technician (California)

Age: 32 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy may cause some initial headaches for us at the company with more tests and checks on the heaters. However, if it improves efficiency and we market it well, it could actually be a selling point.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Homeowner (Texas)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 15/20

Statement of Opinion:

  • I'm always on the lookout for ways to cut the energy bill, so more efficient water heaters could be beneficial.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Engineer (New York)

Age: 39 | Gender: other

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 4/20

Statement of Opinion:

  • Demand response capabilities in water heaters could be significant in managing peak loads for our grids. I think it's a smart move.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Retired Teacher (Florida)

Age: 60 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 10/20

Statement of Opinion:

  • I worry about how these changes might affect my utility bill or if I'll need to buy a new water heater soon.
  • However, if it saves energy in the long run, it can be a good thing.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Plumber (Ohio)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • New standards might mean more work for installations and maintenance, but it is a double-edged sword—my suppliers might hike prices.
  • Long-term, it should help the business grow if renewals are frequent.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Environmental Scientist (Washington)

Age: 51 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • This is a step in the right direction for sustainability efforts and addressing climate change, so I support it.
  • It's important for us to implement forward-thinking policies like this.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Software Developer (New Jersey)

Age: 27 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 0.0 years

Commonness: 18/20

Statement of Opinion:

  • As a renter, water heater efficiency impacts me indirectly. While I don't pay the bills, more efficient energy use is always a good thing for our planet.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Small Business Owner (Michigan)

Age: 48 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 2/20

Statement of Opinion:

  • Efficient water heaters could reduce my operating expenses, which is critical as utility costs rise.
  • It really depends on how quickly I can replace the older equipment without breaking the bank.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Water heater Salesperson (Colorado)

Age: 34 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 4.0 years

Commonness: 6/20

Statement of Opinion:

  • The changes in labeling could confuse customers but it's an opportunity to educate them on better products.
  • This can enhance our market advantage if we adapt quickly.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Public Policy Student (Illinois)

Age: 30 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 12/20

Statement of Opinion:

  • Educational policies like this allow me to believe that we're moving towards a sustainable future.
  • Data from such implementations will be crucial for my thesis.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Cost Estimates

Year 1: $30000000 (Low: $25000000, High: $40000000)

Year 2: $25000000 (Low: $20000000, High: $35000000)

Year 3: $20000000 (Low: $15000000, High: $30000000)

Year 5: $15000000 (Low: $10000000, High: $25000000)

Year 10: $10000000 (Low: $5000000, High: $20000000)

Year 100: $5000000 (Low: $1000000, High: $15000000)

Key Considerations