New Mexico’s HB 291 Pathway: Energy Efficiency, Conservation, and Fuel Switching in Buildings and Industry → Lighting, Appliances, and Other Equipment → State Energy Efficiency Resource StandardsJurisdiction: States and State Governments → State Legislatures New Mexico’s HB 291 requires utilities to enhance their energy efficiency programs. The law set a new 2025 target to achieve savings of 5% relative to 2020 sales, raised the cap on efficiency spending, and enabled revenue decoupling.