You also have to bear in mind that constantly power cycling the PSU will potentially age it faster, that could be another £25/year if you're really unlucky.
Adding devices to monitor power consumption, you're adding another couple of watts per device you do that on, so its only really worth it either temporarily to get a baseline power consumption figure for that device, or on high power devices.
Ever since we got a smart meter we relied on it to tell when the electric oven has reached temperature. Although we still waste a ton of electricity because I didn't notice it had done so 15-30 minutes ago. I really could do with a little PCB fitted to the oven to report over WiFi when the element it on or off, so I can have a script to let me know immediately, but I'm not comfortable making one myself. We do primarily cook with the microwave though.