Making your screen all black saves energy. For many monitors this is not true. For a screen where the resting state of the LCD pixels are open displaying black means the monitor has to switch the diffuser to closed in order to block the light, which uses more energy than displaying white. There are lots of different LCD technologies which affect whether black or white is more efficient. For CRT screens black is alway…
My second screen (an LG) turns the backlight off whenever it's all black. My Dell monitors don't do the same, and it's a shame. It's always on but effectively off all the time as it usually is all-black, and thus there's no backlight.
Did you test that setting every pixel black actually triggers this? Most OS just shut the monitor after inactivity (by ceasing to output video signal, or something like that).