If the leak is bad enough to show up on your electric bill, I'd expect you to be tripping circuit breakers.
It's easy enough to check for a leaky cable. You have to open the breakers feeding the cable and disconnect ALL loads at the other end. Then measure resistance between each hot conductor and both neutral and ground conductors. (Of course neutral and ground should be connected back at the main, but it's best not to assume these things.) The resistance should be less than 10 megohms, but will have to get down to less than a a hundred ohms before you'll see any significant drain. A resistance of a few thousand ohms means you probably have a problem when it gets wet. By the way, don't use the continuity/diode check of your multimeter; it doesn't actually measure resistance.
A "Kill-a-Watt" meter is a good tool for finding 120V appliances that are wasting power.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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