I also have purchased 2 Owon SP3051 supplies. Have measured the terminal voltage, unloaded, with the output ON; voltage pretty much equal with the voltage setpoint. Have loaded the output with a 0.5W, 220 ohm resistor. Measured terminal voltage matches the displayed terminal voltage which matches the setpoint voltage, provided the setpoint current is above the actual current. When turning the output OFF, both supplies put out a negative voltage; if the 220ohm resistor is across the output, the voltage is -0.381V, if the resistor is removed, the output is about -0.567V. Based on this, the Thevenin equivalent resistance is about 100ohms. So, no, the output voltage is not noise pickup; the output impedance of the "pickup" is too low to be a true pickup. As others have noted, the output is not switched via a relay, but via an active circuit, which isn't that well designed, hence the -0.5V residual voltage. Should this voltage be here? No. Could it have been better designed? Yes; a relay would have done the trick. Am I going to loose sleep over this? No; the -0.5V can hardly turn on a diode (silicon), so whatever circuitry is powered by this supply, will see -0.5V and I won't even hear a big yawn coming from it.... If I spent 4 times the price on another unit, would it have had a smaller residual output voltage? Maybe, probably.... Do I care? Yes, but I won't loose any sleep over this.... ;-)