Senator Bedfellow posted this almost a year ago about his experience:
I once calculated it (for Seti@home) at about $7-$8/month for for 24/7 crunching on three machines versus 24/7 idling. Of course, I drive my boxes pretty hard anyway - I do a lot of video encoding and such - so my machines are hardly idling 24/7 anyway, meaning the difference was pretty negligible in the end. I suspect that spare cycles tend to be scarcer for me than a lot of folks, but YMMV :)
While idling, my main machine draws about 124-125 watts; as soon as I crank up Folding the consumption rises to 150-151. So, running Folding on this machine is about the equivalent of a 25W light bulb. Your mileage will vary.
I keep the machines running 24x7 so consuming a little more power is not a big issue.