negawatt UK /ˈnɛɡ.ə.wɒt/US /ˈnɛɡ.ə.wɑt/ noun1 •(informal) A unit of saved energy.And he has suggested ways to help consumers buy the so-called time-of-use-meters […] so they can benefit from using energy at off-peak times and through "negawatts," or credits for not using power. — 2000 formsnegawatts