Friday, June 9, 2023

DICK'S Sporting Goods, Inc. (NYSE:DKS) Shares Acquired by SG ... - MarketBeat

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: SG Americas Securities LLC lifted its stake in shares of DICK'S Sporting Goods, Inc. (NYSE:DKS - Get Rating) by 46.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,738 shares of the sporting goods retailer's stock after buying an additional 8,212 shares during the quarter. SG Americas Securities LLC's holdings in DICK'S Sporting Goods were worth $2,693,000 as of its most recent filing with the Securities and Exchange Commission. → The Next Big Crisis Is Here (From Porter & Company)document.write('pixel'); Other hedge funds have also made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in shares of DICK'S Sporting Goods during the second quarter worth approximately $38,000. CoreCap Advisors LLC acquired a new position in DICK'S Sporting Goods in the second quarter worth $40,000. Northern Oak Wealth Management Inc. acquired a new position in DICK'S Sporting Goods in the second quarter worth $51,000. Banque Cantonale Vaudoise boosted its holdings in DICK'S Sporting Goods by 108.1% in the second quarter. Banque Cantonale Vaudoise now owns 747 shares of the sporting goods retailer's stock worth $56,000 after purchasing an additional 388 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in DICK'S Sporting Goods by 196.7% in the second quarter. Parallel Advisors LLC now owns 994 shares of the sporting goods retailer's stock worth $75,000 after purchasing an additional 659 shares during the period. Institutional investors and hedge funds own 75.08% of the company's stock.

Insider Buying and Selling

In related news, SVP Julie Lodge-Jarrett sold 9,139 shares of DICK'S Sporting Goods stock in a transaction dated Wednesday, November 23rd. The stock was sold at an average price of $118.00, for a total value of $1,078,402.00. Following the transaction, the senior vice president now owns 41,048 shares of the company's stock, valued at approximately $4,843,664. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other DICK'S Sporting Goods news, SVP John Edward Hayes III sold 1,000 shares of DICK'S Sporting Goods stock in a transaction dated Friday, December 9th. The stock was sold at an average price of $120.57, for a total transaction of $120,570.00. Following the transaction, the senior vice president now owns 26,231 shares of the company's stock, valued at approximately $3,162,671.67. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Julie Lodge-Jarrett sold 9,139 shares of DICK'S Sporting Goods stock in a transaction dated Wednesday, November 23rd. The shares were sold at an average price of $118.00, for a total value of $1,078,402.00. Following the transaction, the senior vice president now directly owns 41,048 shares in the company, valued at approximately $4,843,664. The disclosure for this sale can be found here. In the last quarter, insiders have sold 39,283 shares of company stock valued at $4,475,632. 32.83% of the stock is owned by corporate insiders.

DICK'S Sporting Goods Price Performance

Shares of DICK'S Sporting Goods stock opened at $128.60 on Friday. The company has a current ratio of 1.81, a quick ratio of 0.59 and a debt-to-equity ratio of 0.69. The company's 50-day moving average price is $115.59 and its two-hundred day moving average price is $107.39. DICK'S Sporting Goods, Inc. has a 52 week low of $63.45 and a 52 week high of $131.12. The stock has a market cap of $10.18 billion, a PE ratio of 11.35, a price-to-earnings-growth ratio of 2.15 and a beta of 1.40. DICK'S Sporting Goods (NYSE:DKS - Get Rating) last issued its quarterly earnings results on Tuesday, November 22nd. The sporting goods retailer reported $2.60 earnings per share for the quarter, topping analysts' consensus estimates of $2.24 by $0.36. The firm had revenue of $2.96 billion for the quarter, compared to analysts' expectations of $2.70 billion. DICK'S Sporting Goods had a return on equity of 52.43% and a net margin of 9.52%. As a group, sell-side analysts anticipate that DICK'S Sporting Goods, Inc. will post 11.93 EPS for the current fiscal year.

DICK'S Sporting Goods Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Friday, December 9th were paid a $0.488 dividend. The ex-dividend date of this dividend was Thursday, December 8th. This represents a $1.95 dividend on an annualized basis and a yield of 1.52%. DICK'S Sporting Goods's dividend payout ratio is currently 17.21%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Cowen lifted their price objective on shares of DICK'S Sporting Goods from $150.00 to $155.00 in a report on Wednesday, November 23rd. UBS Group boosted their price target on shares of DICK'S Sporting Goods from $120.00 to $130.00 and gave the company a "neutral" rating in a report on Friday, January 6th. DA Davidson boosted their price target on shares of DICK'S Sporting Goods from $130.00 to $136.00 in a report on Wednesday, November 23rd. Robert W. Baird boosted their price target on shares of DICK'S Sporting Goods from $115.00 to $120.00 in a report on Tuesday, November 22nd. Finally, Oppenheimer raised shares of DICK'S Sporting Goods from a "market perform" rating to an "outperform" rating and set a $138.00 price target for the company in a report on Thursday, October 20th. Five equities research analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $138.95.

DICK'S Sporting Goods Company Profile

(Get Rating) DICK'S Sporting Goods, Inc, together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.

Read More

Institutional Ownership by Quarter for DICK'S Sporting Goods (NYSE:DKS) This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com. Before you consider DICK'S Sporting Goods, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DICK'S Sporting Goods wasn't on the list. While DICK'S Sporting Goods currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Thomas Hughes goes in-depth about what’s driving the market that could see Dick's Sporting Goods (DKS) post double-digit gains in the first half of 2023. Enter your email address below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. As Featured By: 326 E 8th St #105, Sioux Falls, SD 57103
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Thursday, June 8, 2023

$19+ Billion Worldwide Printed Electronics Industry to 2031 - Increasing Demand from the Automotive Industry Drives Growth - Yahoo Finance

Global Printed Electronics Market Dublin, Jan. 20, 2023 (GLOBE NEWSWIRE) -- The "Printed Electronics Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global printed electronics market. This report focuses on printed electronics market which is experiencing strong growth. The report gives a guide to the printed electronics market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic. Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies. Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates. Create regional and country strategies on the basis of local data and analysis. Identify growth segments for investment. Outperform competitors using forecast data and the drivers and trends shaping the market. Understand customers based on the latest market research findings. Benchmark performance against key competitors. Utilize the relationships between key data sets for superior strategizing. Suitable for supporting your internal and external presentations with reliable high quality data and analysis Major players in the printed electronics market are Molex, LLC, Agfa-Gevaert Group, Palo Alto Research Center Incorporated (PARC), DuPont de Nemours, Inc., Nissha Co., Ltd., BASF, NovaCentrix, E Ink Holdings Inc., Thin Film Electronics ASA, Enfucell Flexible Electronics Ltd, GSI Technologies Inc, Printed Electronics Ltd, InnovationLab GmbH, Elantas, and QUAD Industries. The global printed electronics market is expected to grow from $7.94 billion in 2021 to $9.54 billion in 2022 at a compound annual growth rate (CAGR) of 20.0%. The printed electronics market is expected to reach $19.06 billion in 2026 at a CAGR of 18.9%. The printed electronics market consists of sales of printed electronics products by entities (organizations, sole traders, and partnerships) that are used to produce various kinds of electronic goods, such as electronic circuits, displays, antennas, electronic skin patches, and sensors. Printed electronics involve the use of technology that enables the manufacturing of electronic devices that are thinner and wearable. Printed electronics are precise and produced in a cost-effective manner. Printed electronics offer the benefit of creating devices, sensors on a variety of substrates, and also uniquely shaped devices that can be integrated into existing products. The main technologies used in printed electronics include inkjet, screen, gravure, and flexographic. The inkjet printing technology is non-contact and uses droplets of ink of diameter between 10 to 150 m that are contained in a fluid channel for printing. This technology is beneficial as it has been widely used in production and prototyping, and is cost-efficient as it allows for the additive deposition of thin line circuits on a range of substrates only where needed. The materials used in printed electronics include ink and substrate. They are used in the manufacturing of displays, RFID tags, batteries, photovoltaic cells, lighting, and other applications. The end-users of printed electronics include automotive and transportation, healthcare, consumer electronics, aerospace and defense, construction and architecture, retail and packaging, and other end-user industries. Asia Pacific was the largest region in the printed electronics market in 2021, and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the printed electronics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The increasing demand from the automotive industry is expected to propel the growth of the printed electronics market going forward. The production of automobiles utilizes printed electronic devices such as tailing sensors, elements for heating, Organic light-emitting diode lights (OLED), and Organic solar cells (OPV) in daily production and assembling activities. Therefore the increase in automobile production is expected to boost the utilization of printed electronics. For instance, according to March 2020 report by Invest India, the National Investment Promotion and Facilitation Agency of India, the automobile industry in India is expected to reach $300 billion by 2026, with the passenger segment witnessing a growth of 22% to 25% in the year 2022. Furthermore, according to March 2022 report by The European Automobile Manufacturers' Association, global car production output increased by 2.7% in 2021, with output in the US increasing by 3.1% and output in China growing by 7.1%. Therefore, the increase in demand from the automobile industry is expected to boost demand for printed electronics during the forecast period. Strategic partnerships and collaborations are a key trend gaining popularity in the printed electronics market. Major companies operating in the printed electronics equipment market are focused on strategic partnerships to expand their product development activities, venture in new regions and meet their customer demands. The countries covered in the printed electronics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. Report Attribute Details No. of Pages 175 Forecast Period 2022 - 2026 Estimated Market Value (USD) in 2022 $9.54 billion Forecasted Market Value (USD) by 2026 $19.06 billion Compound Annual Growth Rate 18.9% Regions Covered Global Key Topics Covered: 1. Executive Summary 2. Printed Electronics Market Characteristics 3. Printed Electronics Market Trends And Strategies 4. Impact Of COVID-19 On Printed Electronics 5. Printed Electronics Market Size And Growth 5.1. Global Printed Electronics Historic Market, 2016-2021, $ Billion 5.1.1. Drivers Of The Market 5.1.2. Restraints On The Market 5.2. Global Printed Electronics Forecast Market, 2021-2026F, 2031F, $ Billion 5.2.1. Drivers Of The Market 5.2.2. Restraints On the Market 6. Printed Electronics Market Segmentation 6.1. Global Printed Electronics Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Inkjet Screen Gravure Flexographic 6.2. Global Printed Electronics Market, Segmentation By Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Ink Substrate 6.3. Global Printed Electronics Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Displays RFID Tags Batteries Photovoltaic Cells Lighting Other Applications 6.4. Global Printed Electronics Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion Automotive and Transportation Healthcare Consumer Electronics Aerospace and Defense Construction and Architecture Retail and Packaging Other End User Industries 7. Printed Electronics Market Regional And Country Analysis 7.1. Global Printed Electronics Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion 7.2. Global Printed Electronics Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion For more information about this report visit https://www.researchandmarkets.com/r/n5kdpu Attachment Global Printed Electronics Market MIT David Austin Professor of Management, Marketing, IT and Data Science and 'The Hype Machine' Author Sinan Aral discusses how big of an advantage Microsoft has regarding its recent investment in ChatGPT. You can see the entire interview here. Key Video Takeaways 00:11 On Google being "shook" 00:23 On the "existential threat" of ChatGPT to Google (Bloomberg) -- US natural gas futures extended declines below $3 amid mild winter weather that’s helped spark the worst selloff among the country’s commodities.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningIBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ AreasHindenburg vs Adani: The Short Seller Taking on Asia's Richest PersonTech-Led Slide Fades; Tesla Whipsaws on Earnings: Laid-off tech employees on work visas describe the urgency to find new jobs. Yahoo Finance’s Ines Ferre breaks down fourth-quarter earnings for IBM. Get ready for gas prices to rise again going into the spring. A gallon of driving fuel could go back above $4, according to GasBuddy head of petroleum Patrick De Haan. If someone receiving Social Security benefits earns money by working, the Social Security Administration may reduce the amount of that person's benefits. This only affects people who start taking benefits before reaching full retirement age. And only income earned from … Continue reading → The post What Income Reduces Social Security Benefits? appeared first on SmartAsset Blog. Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog. The office serves as Oracle's interim landing spot while the company solidifies plans for a $1.35 billion riverfront office campus on the East Bank of the Cumberland River, opposite Germantown and just north of downtown. Yahoo Finance’s Dan Howley and Alexis Keenan break down the DOJ’s second antitrust lawsuit suit against Google and how it could affect the company’s ad business. Few companies generated the buzz (and returns) of Celsius Holdings (NASDAQ: CELH) in 2022. Let's see why this pair of beverage stocks might be better investments than the energy drink maker. Drive-thru coffee chain Dutch Bros (NYSE: BROS) is the third-largest coffee chain in the U.S., and aims to have 800 stores in operation next year. A US-based financial forensic firm has alleged that India’s Adani Group, led by the world’s third-richest person Gautam Adani, is involved in a massive and “brazen stock manipulation” and “accounting fraud scheme.” Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear to China, with a deal possible by the end of the month, according to two sources familiar with the matter. The Biden administration in October published wide-ranging export controls, including measures tightly restricting Chinese access to U.S. chipmaking technology, as part of an effort to slow Beijing's technological and military advances. The Netherlands is home to ASML Holding, the world's leading maker of lithography equipment, which is critical for making semiconductors. STM's charts are a tough read, but let's see what they say when all the pieces are put together. Yahoo Finance Live anchors discuss a Morgan Stanley call on Tesla stock ahead of the EV makers latest quarterly results. Shareholders can sue McDonald Corp's former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of sexual harassment to flourish, according to a groundbreaking legal ruling. The decision marks the first time the influential Delaware Court of Chancery has recognized that corporate officers owe the company a legal duty of oversight, which has traditionally been an obligation solely of directors. The decision by Vice Chancellor Travis Laster allows McDonald's shareholders to proceed to trial to try to prove that David Fairhurst, global chief people officer from 2015 to 2019, breached his oversight duties by allegedly acting in bad faith and ignoring signs of a toxic culture. Let's check out the charts for clues as the company is set to report earnings Thursday. In this daily bar chart of ADM, below, I can see that prices have struggled in the $95-$100 area. Prices have weakened in December and January and now trade below the declining 50-day moving average line and below the declining 200-day line. (Bloomberg) -- Oil steadied as investors weighed the outlook for Chinese demand, while a weaker dollar made commodities more attractive for buyers.Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningIBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ AreasHindenburg vs Adani: The Short Seller Taking on Asia's Richest PersonTech-Led Slide Fades; Tesla Whipsaws on Earnings: Markets WrapW Saving for retirement is perhaps the most major financial goal every American has. But once you retire, you'll need an adequate income to replace what you were making pre-retirement. As you might imagine, this number will vary from person to … Continue reading → The post What Is a Good Retirement Income? appeared first on SmartAsset Blog. (Bloomberg) -- Canadian crude shipments to Asia are set to surge to the highest in more than a year as US refinery outages force producers to find new outlets for their oil. Most Read from BloombergHindenburg’s Short Sell Call Shaves $12 Billion Off Adani StocksNYSE Mayhem Traced to a Staffer Who Left a Backup System RunningIBM to Cut About 3,900 Workers, Still Hiring in ‘Higher Growth’ AreasHindenburg vs Adani: The Short Seller Taking on Asia's Richest PersonTech-Led Slide Fades; Tesla Whipsaws China's reopened borders and renewed focus on boosting the sagging economy have brightened the deals outlook, with bankers starting to field interest for mergers, acquisitions and fundraising involving the world's second-largest economy. Although consumer, retail and travel-related firms are expected to bounce back after an almost three-year lockdown, advisers say sectors linked to strengthening China's economic prospects will be at the centre of dealmaking this year. Australia has also already emerged on China's radar amid hopes of a diplomatic thaw between the two countries. source https://4awesome.streamstorecloud.com/19-billion-worldwide-printed-electronics-industry-to-2031-increasing-demand-from-the-automotive-industry-drives-growth-yahoo-finance/?feed_id=37275&_unique_id=648270ea371a3

Wednesday, June 7, 2023

ODOT urges public to avoid travel Wednesday - WHIO

WHIO 7 NOW ODOT Snow Trucks (Courtesy of ODOT ) MIAMI VALLEY — The Ohio Department of Transportation is urging the public to avoid travel Wednesday as a winter storm is expected to hit the state. “The Wednesday morning commute will be very challenging for most of Ohio. Plan ahead. If you can avoid travel, please do,” a post on ODOT’s social media stated. HEADS UP: The Wednesday morning commute will be very challenging for most of Ohio. Plan ahead. If you can avoid travel, please do. If you must travel, check https://t.co/ulNKKYt2ib, allow plenty of travel time, go slow, and give us room to work. #ODOTwinter pic.twitter.com/vviLzV6Pci >> Winter storm to hit Miami Valley midweek; What we’re expecting from the storm Matt Bruning, press secretary for ODOT said many of their crews are planning to hit the road starting Tuesday night. Our crews will hit the road, in some locations, later tonight. Already, our ODOT comms team has done 24 interviews ahead of the storm. Another 18 are scheduled for tomorrow. Please heed our advice: Plan ahead, avoid travel if you can. If you can't, go slow and leave early. pic.twitter.com/y9K55c4X6s “Please heed our advice: Plan ahead, avoid travel if you can. If you can’t, go slow and leave early,” he said on social media. The winter storm will bring snow and rain to Miami Valley starting after midnight Tuesday. >> Heavy, wet snow heading towards the Miami Valley; How to avoid a trip to the ER from shoveling Precipitation will arrive around or after 2 a.m. and briefly start as a mix before quickly switching to snow, according to Storm Center 7 Chief Meteorologist McCall Vrydaghs. Some areas could see four to seven inches of snow Wednesday. Tuesday Evening Weather Cities such as Trotwood and Englewood are urging residents to not park on the street so their plows can remove any snow that falls quickly. News Center 7 will continue to track the storm and its impact on the region.
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Micro Entrepreneurs

[ad_1] Micro entrepreneurs are the owners of small businesses that have fewer than five employees and have startup costs of less than $35,000 and annual revenue of less than $100,000. There are nearly 21.5 million micro entrepreneurs in the U.S. Examples of micro entrepreneurs are owners of bakeries, beauty parlors, child care facilities, repair shops, arts and crafts shops, painting businesses, contracting businesses, family-owned shops, auto body shops, small-scale restaurants, and small-inventory trading businesses. Micro entrepreneurs face many hurdles in getting startup financing, and they sometimes lack the skills necessary to manage the financial aspect of their business. As a result, many micro entrepreneurs cannot grow and develop their business beyond a micro enterprise. Various micro enterprise development programs have helped micro entrepreneurs achieve great success and growth. These micro enterprise development programs have immensely helped micro entrepreneurs who lack collateral needed to secure a loan or those who have low or no credit by providing them with training, support, help in developing a solid business plan, and assistance in building their businesses. Successful micro entrepreneurs have contributed much to society by creating wealth, economic assets, and jobs. How To Become A Micro Entrepreneur It is essential to study the market thoroughly and understand that market's customers before deciding on the type and kind of product or service to be offered. Here are some suggestions: Work out a sound business plan by doing extensive research and seeking help from the various micro enterprise development programs. Make arrangements for the startup capital by using savings, opting for a micro loan program, or applying for a grant. Do extensive market research, get the necessary training and skills required, and learn how to use technology to help run your business easily. Study the competition and analyze how you can better them. Get a good retail space to run your business as well as decide on the price, making sure it is right and has a profit margin; decide how to utilize the profit, whether you want to save it or reinvest and expand your micro business. Make sure that the quality of the product is never compromised and that your customers are happy, ensuring customer retention. Assistance for Micro Entrepreneurs Micro entrepreneurs in the U.S. are in need of training and skill development workshops as well as help in utilizing technology to help run their business. Some micro entrepreneurs need access to easily available funds for startup and growth. In order to encourage more people to become micro entrepreneurs, state, federal, and private sectors should make available ample funding for such enterprises. With a little effort, you can find firms that sell their services as well as products to help run successful businesses. You can even seek professional help to arrange business credit for micro enterprises. [ad_2] Source by Alexander Gordon https://4awesome.streamstorecloud.com/micro-entrepreneurs/?feed_id=37247&_unique_id=6480d6a7eace0

Tuesday, June 6, 2023

Does Unplugging Electronics and Appliances Actually Save Money? - How-To Geek

Join 425,000 subscribers and get a daily digest of news, geek trivia, and our feature articles. By submitting your email, you agree to the Terms of Use and Privacy Policy. Jason Fitzpatrick is the Senior Smart Home Editor at How-To Geek. He has over a decade of experience in publishing and has authored thousands of articles at How-To Geek, Review Geek, LifeSavvy, and Lifehacker. Jason served as Lifehacker's Weekend Editor before he joined How-To Geek. Read more... Unplugging electronic devices and appliances to save money seems like a proposition with an obvious outcome, but it’s actually much more nuanced than you might think. Here’s the inside scoop on when you will save money—and when you won’t. Whether or not you’re going to save any money on your electric bill by unplugging a given device depends entirely on whether or not that device has what is known as a “phantom load.” Some devices are binary. Either they are on and performing their function, consuming electricity in the process, or completely off with no power load. Traditional incandescent light bulbs (and their “dumb” LED replacements) are like this. So are simple devices like basic space heaters. Either the heater is warming up the room, or it’s not. But some devices consume electricity all the time, even when they don’t appear to be doing anything. Smart bulbs draw a tiny bit of power when they are off, because they need to stay “on”—at least at the circuit level—to receive commands. And if your space heater includes a thermostat to turn itself on and off automatically, it will draw power even when it appears to be off, too. And some devices, like cable boxes or game consoles with fast-start modes, draw a substantial amount of power even when they appear to be turned off. If you want the easy (but not necessarily the most time-efficient) way to solve the problem, here’s what to do. Unplug everything you don’t regularly use, leaving anything that has to stay plugged in for the safety and security of your home (such as your sump pump). If you want a more nuanced approach where you’re not unplugging things with zero saving to show for it, you need to grab a watt meter and test how much power your devices draw when plugged in but turned off. That’s how I figured out my media center setup was wasting around $30 a year. It’s also how I figured out that other devices were wasting nothing (or mere cents a year), and it wouldn’t be worth unplugging them. If you're at all curious about the power usage of devices around your home, you need this device. $33.98
$59.95 Save 43% To get a headstart on identifying which devices are worth investigating and potentially unplugging, read our guide to identifying phantom loads. Ultimately how much money you save by unplugging things will vary based on what you have in your home, the size of your home, and how efficient your devices and appliances are. But consider this as a rough guideline. By the estimation of various environmental agencies and the EPA, phantom loads account for roughly 10% of the average home’s electric bill. Even if you reduce your home’s phantom load in half, you could easily save 5% on your electric bill. And if you find a particularly egregious device, like an old stereo amplifier sucking down 50W around the clock, you could shave around $70 off your annual power bill by only plugging in the amp when you need it. The savings are out there if you’re willing to dig in and look for them. And, the best part about using a watt meter to dig in and look is that you come away from the experience knowing exactly where you can save money—like unplugging that old stereo amp—and where you’ll save nothing at all—like unplugging your phone charger. RELATED: Tested: Should You Unplug Chargers When You're Not Using Them? Facebook Instagram Twitter LinkedIn RSS Feed The Best Free Tech Newsletter Anywhere By submitting your email, you agree to the Terms of Use and Privacy Policy. source https://4awesome.streamstorecloud.com/does-unplugging-electronics-and-appliances-actually-save-money-how-to-geek/?feed_id=37241&_unique_id=647fc390a585a