In most studies reported in literature, a flat, constant coefficient is used to convert the amount of optical power required at the input of an optical link into the effective power consumption. This constant coefficient approach is very simple to apply but not accurate, since laser efficiencies are dependent on the optical output power in addition to the operating temperature. In this paper the relationship between laser wall plug efficiency and optical power output is investigated and the effect of this variance on optical links and on-chip laser source electric power consumption is presented