Changing these 5 TV settings helped cut my electricity bill – and I didn’t miss a thing

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A modern TV uses significantly less energy than one from a decade ago — which makes sense, given how much more power-efficient today’s display panels have become.

According to Perch Energy, the average power consumption of an old TV runs around $54 per year in energy costs. Because LED-backlit TVs and OLEDs consume less power than traditional LCD screens, newer models cost about $32 annually. 

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