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Apple's new iPad estimated to cost $1.36 per year to charge

June 22, 2012

It costs less to recharge a fully-drained Retina Display-toting iPad every other day for a year than it does to run a 60-watt compact fluorescent light bulb continuously over the same period, a new study finds.

According to a study from the Electric Power Research Institute (EPRI), an independent non-profit organization focusing on electricity research and development, Apple's new iPad and devices like it could help lower the high power consumption seen as a result of the Information Age, reports the Associated Press.

As smartphones and tablets become more popular and accessible, the EPRI wondered if the flood of new devices was having a negative impact on power consumption. What the group found was that charging a device once every other day from full discharge costs mere pennies per day, a dramatic reduction from large electronics like HDTVs and PCs.

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