How to measure power consumption
To monitor the laptop's power consumption while it is running, unplug the AC power and run:
# watch -n1 'cat /proc/acpi/battery/BAT0/*'
This requires ACPI to be enabled. The value given is (roughly) an averge over the last minute.
Alternatively, load the tp_smapi module and run the following with AC power unplugged:
# watch -n1 'cat /sys/devices/platform/smapi/BAT0/power_now'
or
# watch -n1 'cat /sys/devices/platform/smapi/BAT0/power_avg'
The former provides the instantaneous power draw, and the latter is (roughly) an average over the last minute. It's OK to use tp_smapi's force_discharge function instead of physically disconnecting AC power.
Note that running on battery power may activate power-saving mechanisms, so unless you take care to deactivate them this does not reflect power consumption under AC power.
To measure power consumption while the laptop is suspended, use the ACPI sleep power drain test script.
For reducing power consumption, see How to reduce power consumption and Script_for_monitoring_power_consumption.