The reply listed below is from an FAQ I wrote on this topic:
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Short answer: yes, most of the time, it’s a good idea to turn off your display when you’re not using it, but you don’t need to be obsessive about it.
Here’s how to think about it in practical, real-world terms.
Why turning off your displays makes sense
When you don’t need to worry about turning it off
Best-practice approach (what most pros do)
What about wear from Power cycling? Modern displays (including Xencelabs) are designed for regular Power cycling. Turning it off once or twice a day won’t harm it, and is generally better than leaving it on continuously.
Take-a-ways:
Think of it like any other high-end monitor:
That balance gives you longevity, efficiency, and zero workflow friction.
Laser Cups
I recently got a 24" Xencelabs Studio. I'm lovin' it!
It is a 2nd monitor for me though and I'm not always using it so I'm wondering if there's any benefit to turning it off when it's not use? Will it prolong the life? Does it matter?