Policy Impact Analysis - 117/S/4329

Bill Overview

Title: Reclaiming the Solar Supply Chain Act of 2022

Description: This bill requires the Department of Energy to establish a program that awards grants and direct loans to support a solar component manufacturing supply chain. Under the program, manufacturers and other eligible entities must use grants and loans for (1) constructing new facilities that manufacture solar components; and (2) retooling, retrofitting, or expanding existing facilities that manufacture solar components.

Sponsors: Sen. Cortez Masto, Catherine [D-NV]

Target Audience

Population: people working in or served by the solar energy and manufacturing industries

Estimated Size: 5000000

Reasoning

Simulated Interviews

Solar panel engineer (Phoenix, AZ)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 15.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy could create more jobs in my field.
  • I hope it leads to more technological advancements.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 8 6
Year 3 8 7
Year 5 8 7
Year 10 9 7
Year 20 9 6

Construction manager (Houston, TX)

Age: 35 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 4/20

Statement of Opinion:

  • This policy could bring more projects and stability.
  • Construction business is always affected by new industrial policies.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 7 4
Year 10 6 3
Year 20 5 3

Factory worker (Charleston, WV)

Age: 42 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 20.0 years

Commonness: 6/20

Statement of Opinion:

  • If new factories open nearby, it could mean a stable job for me.
  • Right now, the local job market is not strong.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 6 4
Year 3 7 4
Year 5 8 3
Year 10 8 3
Year 20 7 3

Software developer (San Diego, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 8/20

Statement of Opinion:

  • I probably won’t be directly affected by this policy.
  • More green energy could be good for everyone, though.

Wellbeing Over Time (With vs Without Policy)

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

Environmental policy analyst (Seattle, WA)

Age: 58 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 12.0 years

Commonness: 3/20

Statement of Opinion:

  • This policy aligns with the transition towards renewable energy.
  • Could shift the economic landscape positively.

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 7 6

Graduate student (Madison, WI)

Age: 24 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • More focus on renewable energy is encouraging for my future career.
  • I'm hopeful this policy creates more research opportunities.

Wellbeing Over Time (With vs Without Policy)

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

Retired automotive worker (Detroit, MI)

Age: 50 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 7/20

Statement of Opinion:

  • This policy might boost the local economy in manufacturing towns.
  • I might not be directly impacted, but others in the community might benefit.

Wellbeing Over Time (With vs Without Policy)

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

Small business owner (Raleigh, NC)

Age: 31 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • If there’s more domestic manufacturing, it might lower my supply costs.
  • This could help my business grow.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 7 5
Year 5 8 5
Year 10 7 5
Year 20 6 5

Community organizer (Portland, OR)

Age: 47 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 8.0 years

Commonness: 4/20

Statement of Opinion:

  • Community development is key, and this policy could support that.
  • I support initiatives that create sustainable, long-term employment.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 7 6

Solar energy consultant (Buffalo, NY)

Age: 55 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 3/20

Statement of Opinion:

  • I see this as a chance to strengthen the domestic solar sector.
  • Could mean more projects and consultations for me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 7
Year 20 8 7

Cost Estimates

Year 1: $1500000000 (Low: $1300000000, High: $1800000000)

Year 2: $1550000000 (Low: $1350000000, High: $1850000000)

Year 3: $1600000000 (Low: $1400000000, High: $1900000000)

Year 5: $1700000000 (Low: $1500000000, High: $2000000000)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations