The advantage is that you use wifi rather than your allowed amount of data any time there's a wifi signal available. Since it's plugged in, the disadvantage of using a little more power isn't really a disadvantage. (Even if you have unlimited data, you'll probably find that after you've exceeded some amount in a given moth, your data connection seems to slow down - and it probably is.)
I'd actually consider automatic wifi on external power to be an advantage, not a disadvantage. (If the phone is on, and you're charging it, it'll probably take a couple of minutes more to charge, which is about as significant as adding a cup of water to the ocean.) If I ever charged my phone anywhere but home (where it connects automatically because my home is geofenced), I'd probably write a Tasker task to do what your phone is doing.