Energy efficiency is at the core of Chilean President Michelle Bachelet’s Energy Agenda. The potential benefits for the country are manifold, from reducing energy costs, to boosting economic growth, to improved health, and contributing to global carbon emissions reductions. Chile’s government has already announced several initiatives that will contribute to its goal of reducing energy consumption by 20 percent by 2025. However, real change must be backed by a strong regulatory framework, as envisioned by the nation’s ambitious Energy Efficiency Law. The new legislation, which has received significant support from the private sector, should be in place by the end of 2015.