The Department of Energy finalized efficiency standards on Thursday for new residential clothes washers and dryers coming to the market in an effort to reduce carbon emissions and cut down energy costs for consumers. 

The DOE expects the finalized rule to save consumers $2.2 billion per year on utility bills, amounting to $39 billion over 30 years, according to a press release. The rules are also expected to reduce 71 million metric tons of carbon dioxide emissions, the equivalent of emissions from 9 million homes.