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Many, many LCDs still use fluorescent backlights. Turning that backlight on and off prematurely ages the lamp. Just like a CRT, you want to turn it off (put it
by hapless 15y ago
Many, many LCDs still use fluorescent backlights. Turning that backlight on and off prematurely ages the lamp. Just like a CRT, you want to turn it off (put it into sleep) when the cost of the electricity outweighs the cost to lamp life -- e.g. overnight.
You should always have a screensaver, even if it's just "blank screen," for when you lock your workstation for short periods.