You may not know it, but your household appliances consume huge amounts of electricity even when they're off. Cable boxes are among the worst culprits: with 225 million in the United States, they use as much energy annually as four nuclear reactors produce. This is a huge waste of energy -- and a huge opportunity for greater efficiency.
Thankfully, it appears things might be changing after companies like Comcast (NASDAQ:CMCSA) and DIRECTV came together late last year and agreed to tackle the problem head on. Their proposal could save $1.5 billion of more each year for residential electricity buyers.
In the following video, Motley Fool energy analysts Taylor Muckerman and Joel South discuss headlines from the energy sector.
Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.