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Do Standby Settings Cost You Money?

This question is an easy one to answer: YES!

Appliances that revert to standby mode are typically billed as such a time-saving convenience.

"But what about all those milliseconds that can be shaved from your busy day, simply by not having to wait for those pesky appliances to actually turn on," I hear you say.

Um … how much is your time worth?

The truth is, turning them off at the power is the best way to keep your electricity bill down and potentially save hundreds of dollars a year!

Do standby power controllers work?

Appliances with a standby mode (like computers or televisions), or ones that have a digital display when they are not being used (think oven clocks, microwaves or DVD players), can sometimes use more energy when they are in standby than they do across a year of use.

A standby power controller reduces the time appliances are on standby. The amount of energy being consumed is reduced, and so is your bill. Another benefit is that the amount of carbon being emitted is also reduced, which is better for the environment.

There are two main types of standby controllers (SPCs) on the market: AV and IT. 

AV SPCs connect to televisions, DVD players and general AV appliances.

IT SPCs are ideal for computers and other similar devices. The AV SPC generally offers greater power-saving potential than the IT variety.

So-called ‘vampire power’ adds up.

Depending on the appliances, leaving appliances in standby can mean unnecessary power use that can cost the average household as much as $100 per year.

Here’s how:

Which appliances use the most power?

The highest standby cost of some everyday items could be costing you hundreds each year. Check out how much extra that little red or green light costs you each year.

• Multifunction printer: $32.06

• Wireless router: $41.58

• Smart speaker: $9.92

• Washing machine: $7.60

• Microwave oven: $6.28

• Digital video recorder: $31.30

5 ways to manage standby power – and save money on your electricity bills

1. Turn off appliances at the powerpoint, where possible.

2. Install a standby power controller. These can be bought (around $100) or accessed free under incentives programs, depending on your location.

3. For everyday-use appliances that are always on (like fridges or chest freezers), look for brands/models with the lowest running costs and best performance.

4. Check energy efficiency ratings on appliances. Check the energy rating of new appliances to see if standby power consumption is included. Yes, your washing machine might have a low standby power cost, but if its overall energy efficiency when in use is high, this can also add to your bill.

5. Shop around for a better deal from your energy provider.

The bottom line

It might not look like a lot individually, but consider all the LEDs on in your house and it all quickly adds up!

Leaving multiple home appliances on standby could be responsible for up to 10% of your household’s electricity bills. If you can turn it off completely, do it.

But remember that checking overall energy efficiency ratings on electrical appliances is also important. If you are buying new, look for the most efficient appliance you can afford.

Go deeper: 10 ways to reduce your energy bill

Financial disclaimer

The information contained on this web page is of general nature only and has been prepared without taking into consideration your objectives, needs and financial situation. You should check with a financial professional before making any decisions. Any opinions expressed within an article are those of the author and do not specifically reflect the views of Compare Club Australia Pty Ltd.