Energy Efficiency Policies

Energy Efficiency Resource Standard:

In 2008, New Mexico approved the Efficient Use of Energy Act, requiring IOUs to offer customers demand-side programs that achieve savings equal to 5% of 2005 retail sales by 2014 and 8% of 2005 retail sales by 2020 (HB 305). The state updated this requirement in 2019 by calling for a 5% savings relative to 2020 retail sales between 2021-2025 (HB 291). Coops are required to develop their own energy efficiency targets and programs to meet the targets.

Building Codes:

In 2024, New Mexico updated to the 2021 IECC and ASHRAE 90.1-2019 with amendments, including regional climate zones. The code applies statewide but local jurisdictions can adopt more restrictive standards.  

New Mexico offers homeowners and businesses a Sustainable Building Tax Credit (SBTC2021) Incentive for Energy Conserving Products, see more here 

Appliance Standards:

New Mexico has not set appliance standards beyond the federal appliance standards.

Reference:
American Council for an Energy-Efficient Economy (ACEEE)
https://database.aceee.org

New Mexico – Distributed Energy Policy – Net Metering
New Mexico – Electric Vehicle Policies