How much does standby cost UK?
How much does standby cost UK? Archie Lasseter, sustainability lead at Utilita, said: 'Standby mode is a real energy drainer – some items use the same amount of energy as when they're switched on. 'In each home, leaving just one TV on standby can waste up to £16 of electricity a year, which is a staggering £432 million for all UK households. '
What is a standby cost?
Standby fee is a term used in the banking industry to refer to the amount that a borrower pays to a lender to compensate for the lender's commitment to lend funds. The borrower compensates the lender for guaranteeing a loan at a specific date in the future.