Recently, Palestine has been willing to improve its energy efficiency action plan and policies. As the Electrical demand for energy is increasing in Palestine, improving energy efficiency can be considered as an efficient way to achieve reductions in energy consumptions. In this respect, energy efficiency action plan and its strategies must be designed to overcome existing market barriers against using energy efficient appliances in residential and commercial sectors in Palestine. This study provides background on the benefits of stakeholders and steps needed to support energy efficiency standards and labeling in Palestine. Furthermore, this study attempts to predict the techno-economic impact of implementing high efficient electrical appliances in Palestine. Survey-based analyses from 300 households were conducted in 2019 to estimate residential sector electrical appliances usage, behavior and their knowledge in electrical appliances labels and standards, the study aims also to estimate the perception and willingness of Palestinian householders to shift towards more energy efficient choices. The study will focus on 8 electrical appliances that constitute a major share of the electricity used within households and commercial sectors in Palestinian market.