Found something interesting in NVidia-smi last night - it shows the wattage (AND the TDP limit) as part of it's standard list (-l option) command.
Dual GTX 950s in one box, the one that X is actually running on eating about 85 watts, the other one about 75, running about 10MH/s each with no undervolt and stock clocks (they DO seem to be autoboosting quite nicely, and I DID kick the fan settings up to something SANE).
It's too bad I've not seen something similar on any of the Windows-based utilities to date.
Undervolting CAN reduce your "maximum" hash rate if you take it far enough because you can't clock the card as high - but sometimes the gain in efficiency is worth it.
MINOR undervolting well tend to allow you to maintain hashrate while using a little less power.
ANY undervolting tends to reduce heat, which is a GOOD THING from a longevity viewpoint, as long as you don't go too far and completely brick the card.
interested about the wattage display, what is the command exactly?
never mind found it
http://cryptomining-blog.com/tag/nvidia-smi/very good wattmeter is useless now, it report 150w for 1 970 mining etheruem at 22MH, better than expected, i was thinking about 160w
also if we count that g1 gaming consume a bit more than reference and especially more than mini itx 970, because they add more component and 3 fan, it's even better