On January 31, 2025, New Mexico Senator Antonio Maestas introduced Senate Bill 233, aimed at enhancing consumer protection in the realm of distributed energy generation. The bill seeks to amend existing legislation by designating the failure to provide a required written statement under the Distributed Generation Disclosure Act as an unfair or deceptive trade practice.

The primary purpose of Senate Bill 233 is to ensure that consumers are adequately informed about the terms and conditions associated with distributed energy generation systems, which include solar panels and other renewable energy sources. By mandating compliance with disclosure requirements, the bill aims to protect consumers from potential exploitation and misinformation in the rapidly growing renewable energy market.

Key provisions of the bill include the stipulation that any agreement related to the financing, sale, or lease of a distributed energy generation system must include a disclosure statement issued by the attorney general. This statement is intended to provide clarity and transparency to consumers, allowing them to make informed decisions regarding their energy options.

The introduction of this bill has sparked discussions among lawmakers and stakeholders in the energy sector. Proponents argue that it is a necessary step to safeguard consumer rights and promote ethical business practices within the renewable energy industry. However, some industry representatives have expressed concerns about the potential for increased regulatory burdens that could stifle innovation and growth in the sector.

The implications of Senate Bill 233 extend beyond consumer protection; they also touch on broader economic and environmental goals. By fostering a more transparent marketplace for renewable energy, the bill could encourage greater adoption of sustainable energy solutions, aligning with New Mexico's commitment to reducing carbon emissions and promoting clean energy initiatives.

As the legislative session progresses, the bill is expected to undergo further scrutiny and debate. Stakeholders will be closely monitoring its developments, as its passage could significantly impact both consumers and businesses operating in the renewable energy landscape in New Mexico.