Plenty of people don't realize that appliances continue to consume electricity even when they're switched off so long as they remain plugged into the wall. The purpose of the SaverClip by Lufdesign is to demonstrate exactly how much power is wasted by household electronics if the user has not made the effort to pull them from their socket.
The cutting-edge device seems to have been formally inspired by a hair clip or a bag seal so such a design allows it to be fastened to an electrical cord. The way that the gauge works technologically has not been explained in detail but it is stated that the SaverClip by Lufdesign measures and digitally displays electromagnetic fields and statistics. With this, consumers can see just how inefficient, how costly and how environmentally unfriendly it is to leave appliances connected to outlets.