The PC in your spec is nice, but not insane, You have quite a modest graphics card in the sytem etc.
It probably uses somewhere in the order of 120w when doing nothing much, 180W when booting, and could be anything up to 240w or so when gaming or running processor heavy tasks (like folding etc).
Obviously those are just very crude estimates. Anyway lets take worst case scenario, and say it averages 240W, and you leave the computer on 24 hours a day.
240x24 = 5760, or 5.76 units of power a day. Thats 172.8 units a month. I dont know how much you pay for power, it seems to range from 9p/unit to 14p/unit depending on which electric company you use, and if you have day/night rates.
Anyway, lets again take the worse case, 14p/unit, with no lowcost night rate.
172.8 x £0.14 = £24.19 per month. Power bills are normally quarterly, so that would be £72 per quarter for running your PC.
During the 2 minutes it takes to boot up your PC (at slightly higher than average power use), it still will bearly use enough power to move the electric meter. After all, its probably booted and idle within 2 minutes from turning it on. 180W power load for 2 minutes.... 1 unit of electric is 1000W load for an hour!
Do you use a flatscreen or a CRT, an average 17inch CRT probably uses 120W of power while its on, compared to an LCD where 35w would be more realistic, I didnt include a power allowance for the screen, likewise the speaker system, a full 'hifi' separates amp+speakers could soak up another 100+ watts of power, a high powered computer speaker system probably wont be much better.
At night you sit in your room with the lights on, make sure you have energy saving bulbs, can reduce from a 100W light to a 14W light to help, if listen to a TV while using the computer your burning even more watts.
A computer really isnt 'that' bad when it comes to power use, but if you only use the computer 12h a day, then turn it off, you'll halve its contribution to the powerbill.
This is a power meter monitoring my PC right now as I edit this message, its showing its current power usage in watts.
PC Spec
P4
[email protected]
4x512mb DDR PC3500
2xSamsung 160gig SATA disks in Raid0
Geforce 6800GT@Ultra clocks
SoundBlaster Audigy
2 Optical Drives, 4 case fans (3 LED, 1 Regular)
450W PSU
Zipdrive, Floppy drive, and Fan Controller with LED's and LCD screen.
When I play games like World of Warcraft, or Everquest it goes from 130W to about 220W.