Policy Impact Analysis - 117/S/5111

Bill Overview

Title: Responsive Energy Demand Unlocks Clean Energy Act

Description: This bill requires organizations that operate electric grid transmission facilities (e.g., Regional Transmission Organizations or Independent System Operators) to accept bids from certain aggregators, which procure power for groups of electricity customers participating in demand response programs. In demand response programs, end-use electricity customers are typically remunerated for voluntarily decreasing their short-term electrical consumption generally in response to compromised grid reliability or high wholesale electricity prices.

Sponsors: Sen. Durbin, Richard J. [D-IL]

Target Audience

Population: People participating or potentially participating in demand response programs

Estimated Size: 50000000

Reasoning

Simulated Interviews

Teacher (California)

Age: 45 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • The high electricity bills during summer months are a burden.
  • I hope the policy will bring some relief through better pricing.

Wellbeing Over Time (With vs Without Policy)

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

IT Professional (Texas)

Age: 30 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I already try to minimize my energy use, so being compensated for it would be great.
  • This policy could mean greater savings on my bills.

Wellbeing Over Time (With vs Without Policy)

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

Nurse (New York)

Age: 56 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 12/20

Statement of Opinion:

  • I'm not sure how directly this will affect me since I'm not in a specific program.
  • It sounds like a positive move for grid health, though.

Wellbeing Over Time (With vs Without Policy)

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

Manufacturing Worker (Illinois)

Age: 38 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 9/20

Statement of Opinion:

  • Any policy that helps lower our operating costs is beneficial.
  • I support more competition in energy markets.

Wellbeing Over Time (With vs Without Policy)

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

Graduate Student (Florida)

Age: 25 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 8.0 years

Commonness: 11/20

Statement of Opinion:

  • I'm hopeful the bill will encourage more sustainable habits nationwide.
  • Being paid to reduce energy sounds like a win-win for the planet.

Wellbeing Over Time (With vs Without Policy)

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

Retired (Ohio)

Age: 60 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 15/20

Statement of Opinion:

  • It's important that energy costs don’t keep going up.
  • I support anything that might control those costs sensibly.

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 6 5

Small Business Owner (Nevada)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 7.0 years

Commonness: 8/20

Statement of Opinion:

  • The flexibility in energy costs could help during slower months.
  • I would consider this a positive policy if it helps us save money.

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 5
Year 20 7 5

Government Employee (Washington)

Age: 52 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 6/20

Statement of Opinion:

  • This isn't just about personal benefit but also about community resilience.
  • Excited for results that contribute to sustainability.

Wellbeing Over Time (With vs Without Policy)

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

Freelancer (Massachusetts)

Age: 29 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 7/20

Statement of Opinion:

  • Flexible job gives me the ability to participate in these programs easily.
  • If this saves money and energy, it's worth it.

Wellbeing Over Time (With vs Without Policy)

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

Retired (Arizona)

Age: 63 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 13/20

Statement of Opinion:

  • I constantly worry about my utility bills during the summer.
  • Hoping this will ease that burden a bit.

Wellbeing Over Time (With vs Without Policy)

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

Cost Estimates

Year 1: $50000000 (Low: $40000000, High: $60000000)

Year 2: $50000000 (Low: $45000000, High: $65000000)

Year 3: $51000000 (Low: $45000000, High: $65000000)

Year 5: $52000000 (Low: $46000000, High: $68000000)

Year 10: $55000000 (Low: $48000000, High: $70000000)

Year 100: $55000000 (Low: $50000000, High: $75000000)

Key Considerations