While Halloween may still be six months away, you likely have some “vampires” lurking around your home today – and they’re taking a bite out of your wallet.

With many of our consumer electronics products plugged into electrical sockets — an average of 40 items per household connected at any one time – they’re constantly “sucking” electricity, even when not in use. In fact, some of these products can still consume as much as 25% of its full power even when switched off.

Along with large appliances, which are the main culprits, other common “electricity vampires” include televisions, cable/satellite boxes, DVD and Blu-ray Disc players, game consoles, printers, phone chargers and desktop computers.

But there are several ways to help fight back against “vampire power” — also referred to as “standby power” or “phantom power” – plus there are other ways technology can help you save money in your home.