Improving the energy efficiency of appliances and products has significant economic and environmental benefits for Australia and New Zealand. Reducing greenhouse gas emissions and energy demand in both countries, helps save households and businesses on running costs over the life of the products they choose to use.

The main policy tools used to achieve reductions in energy use from these products are mandatory Minimum Energy Performance Standards (MEPS) and Energy Rating Labels (ERLs) – the familiar energy rating labels that have helped consumers choose more efficient appliances for twenty five years.  These policies are implemented through a collaborative initiative called the Equipment Energy Efficiency Program (E3) involving representatives drawn from all jurisdictions in Australia and New Zealand.