Hey guys, just thought I'd chime in and add that I don't think it's purely a Lollipop versus Kit Kat issue. I have a non-Samsung phone, but I read the forums because I like them and we have some in the family. Anyway, my phone was updated to Lollipop a couple weeks ago, and battery life sucked for the first 48 hours, and has steadily improved since then. I have hundreds of screen shots for runtime, so it was easy to make comparisons. Under Lollipop, battery life in the ultra saver mode got slightly worse, but life in the normal powersave mode got hugely better. It seems it took a while for Lollipop to sort out what services were needed and which were not, and now I don't even bother with the ultra saver mode when trying to stretch things out for a few days.
Now keep in mind when someone says they get two days on a charge, that they are not talking about two full days of use. They sleep and the phone just sits there for hours, and when listening to music the screen is not even on. SOT is hugely different from idle time, and how much power any device draws depends on how CPU-intensive the use is, how many radios are on, screen brightness, what location based services are doing, etc. Music streaming uses almost nothing under lollipop, web usage is a bit worse (but not much). The big hit is gaming, and it's always been that way under both versions of Android. I can go for hours with barely a drop, then I get into a game and the battery graph looks like the grand canyon! Anyway, the things I've done to improve things are simple, and just involve leaving extra radios off if I'm not going to be using them. No point in having Google search for wireless signals all the time when driving, or bluetooth on when you left your headset at home. My son has the Galaxy Mega (which could probably jump-start a car), and he complains about charging because he leaves everything on all the time. For screen brightness, I use the auto mode, but with one setting for indoors at night, and one for daytime. That's probably taking down extra battery right there, but hey; if I'm in direct sun wearing sunglasses I need to SEE!