Doing the math, assuming 30 days, 47 watts for a DVR, and powered on 24 hrs: 30 days x 24 hrs/day x 47 Watts = 3384 Watt-hrs ~ 34 KW-hrs. Devices like this could bump you into a higher energy tier (more $/Kw-h) and have you paying more on your electric bill.
So, what can we do about it? We can start by putting our DVRs, the biggest energy vampires, on a diet.
If you don’t have a DVR that needs to be on all the time, you can put your TV and set-top box on a power strip and turn that off, or use a smart strip that cuts the stand-by power to zero for peripheral devices.
Being new to smart strips, I researched them. As mentioned, Smart Power Strips will cut the power to the device when you turn it off. Therefore, you don’t have to worry about any standby power consumption. Here is the one I purchased on Amazon: