I'm not using energy/power monitoring at all; in fact, I have it disabled via the device/driver preferences. If you aren't using it, either, I'd encourage you to do the same--it will cut down on unnecessary Z-Wave network traffic (and, in turn, events on the hub). Probably not a big deal for a switch/dimmer where the usage isn't likely to fluctuate much (and still not something that should theoretically be a problem), but still something I like to avoid when I can. I'm really not sure what use most people have for metering with these devices, though if you have the switch (not dimmer--don't do that) connected to an outlet and are curious about the use of a device connected to it (maybe a fan or computer monitor or who knows what) and can think of some way to automate something else based on that...
I do use energy monitoring on a couple smart plugs: my washing machine to let me know when it's done and a dehumidifier for me to see history of how often it's likely to have been in "dehumidifying" mode, which I can infer from the power. These are both on "heavy duty" smart plugs marketed for this purpose, which I'm not sure this particular switch is rated to handle or why you'd have either of these devices on switched circuits in the first place. I've also heard of people use tricks like having power-metering switches on the circuit for an outdoor light with a "dumb" motion sensor and using the power readings from the switch to infer when motion was detected without needing to actually use a "smart" outdoor sensor--a creative workaround to basically get that motion detection into the "smart" world. But unlike when I saw people recommending that, there are now more smart motion sensors available marketed for outdoor use--though I suppose it's still not a bad use if you already have this setup.
The LED notification bar is something I've got use out of. I have mine flash specific colors/patterns when motion is detected at my front or back door (scary if it's in the middle of the night, but otherwise helpful to know when the mail comes or a delivery driver or neighbor is at my door, for example, without needing to rely on the doorbell). I know other people use it to show status like unlocked doors or open garages. You can probably think of other things you'd like to know, and you can use it with pretty much anything that you have in Hubitat, so I think it's pretty neat and flexible.
I also have the "regular" LED bar (not the "notification" parameter) change based on my hub's mode. This gives me an easy way to see the current mode and to know what to expect my lights (and other automations, but it's mostly lights that are affected) to do based on the current mode--e.g., if it's late enough that "evening mode" kicked in and they should be turning on as I move around the house. During night mode I set them to a dim red, both to let me know it's night mode and so the one in my bedroom isn't excessively bright.
Just a few ideas that might get you started (or stopped, in the case of power if you don't need it like me). 