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Access: Green – A blog about Energy and Environment from the New York Times
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“If you live in a typical U.S. home, your appliances and home electronics are responsible for about 20 percent of your energy bills. These appliances and electronics include everything from clothes washers and dryers, to computers, to water heaters. By shopping for appliances with the ENERGY STAR label and turning off appliances when they’re not in use, you can achieve real savings in your monthly energy bill.

Many appliances continue to draw a small amount of power when they are switched off. These “phantom” loads occur in most appliances that use electricity, such as VCRs, televisions, stereos, computers, and kitchen appliances. In the average home, 75% of the electricity used to power home electronics is consumed while the products are turned off. This can be avoided by unplugging the appliance or using a power strip and using the switch on the power strip to cut all power to the appliance.”

Source: Appliances & Electronics, U.S. Department of Energy