The European Commission proposed energy labels for TVs. For refrigerators, dishwashers and washing machines the existing label scheme will be updated, a press release informs. Energy labels help consumers choosing products which save energy and thus money. They also provide incentives for industry to develop and invest in energy efficient product design. “Energy labels move the market towards highly energy efficient products which is a major contribution to reaching Europe’s energy efficiency, competitiveness and climate change goals. At the same time, they save money for consumers”, said Energy Commissioner Günther Oettinger. For televisions, which represent almost ten per cent of the average household’s electricity bill, it will be the first time ever that manufacturers will have to declare the energy efficiency of their products, using an A to G scale. The label must be clearly shown on the TV set and in advertisements, if the prize of TV is mentioned. New technologies would allow reducing by half the energy consumption of an A-class product.