CREATE OFFICE OF ENERGY INFO

HB 284 creates a new Office of Energy Information within New Mexico's Energy, Minerals and Natural Resources Department. The office will require energy companies (including oil/gas producers, utilities, and distributors) to submit annual data on energy use, emissions, costs, and operations, while protecting confidential business information. It must compile this data into public annual reports starting January 1, 2027, analyzing energy sector trends and costs. The bill also mandates state agencies and tribes to share relevant data and appropriates $3 million for the office's 2027 operations.