If you’re looking for a way to spend less money and energy in your home, it may be a wise investment to explore getting a smart thermostat. These gadgets can do everything from monitor when you leave the house, so that it doesn’t waste electricity heating or cooling a vacant home, to adjusting energy usage based on how many people are in a room or what time of day it is.
We’ll review what a smart thermostat is, how it works and why it’s worthwhile to invest in one. We’ll also talk about how it can help you save money on your energy bills by decreasing energy consumption.
A smart thermostat is an automated device that allows you to do everything from adjusting your heating and cooling settings for various times of day, to monitoring when people are in the house, so it isn’t needlessly consuming energy by heating or cooling an empty home.
Most smart thermostats have learning capabilities, which means they pay attention to how you change your settings and make automatic adjustments as time passes based on what they learn from you.
A smart thermostat links to Wi-Fi, so you’ll be able to change and monitor your energy usage from just about anyplace.
A smart thermostat has learning algorithms and can connect with other smart home technology, such as Google Home, Amazon Alexa and Apple HomeKit, for improved control over your comfort. They’re compatible with most systems, including home heating and air conditioning.
Smart thermostat features include a temperature sensor that can detect when the home is vacant, and then automatically change to an energy-efficient setting. Your smart thermostat may be able to geofence with your phone to know when you’re at home or away.
A smart thermostat does things like adjust more for rooms that are occupied or have more people in them, as well as monitor what time of day it is so it knows how much heating or air conditioning should be used.
For some people, the answer is yes. If you do a lot of travel or are gone for long hours during the day, it may be worth your money to get one of these thermostats. You could save a lot, especially if you forget to adjust it when you leave for work or go out of town for the weekend.
You won’t have to worry about whether your smart thermostat is on the right program, or if you remembered to change the temperature setting before you went out. It doesn’t require much effort from you, but you’ll notice it in reduced energy bills.
Most homeowners have a traditional programmable thermostat, but 40% of them aren’t set correctly. This means you might be missing opportunities to save on heating and cooling costs.
Smart thermostats are convenient because they learn your schedule and automate heating and cooling that corresponds. You can set a comparable schedule on a programmable thermostat. But it’s more work to program your thermostat by hand.
A smart thermostat conveniently adjusts and gradually changes the temperature inside your home for the biggest energy savings. If you manually change a programmable thermostat, you can overload your HVAC system and make it work harder to meet your changes.
Yes, since your smart thermostat will learn about your temperature preferences and routine to make a schedule that reduces heating and cooling costs. You don’t have to do much as your thermostat does all the work for you while conserving money.
You can get the same energy savings with a programmable thermostat, but it’s going to require a little bit more effort than a smart thermostat. To set up a schedule on programmable models, we suggest following these recommendations from ENERGY STAR® to save energy.
As you can see, you don’t have to get a smart thermostat to spend less on your energy bill. All you need is a programmable thermostat, but it’s essential to note that any savings may come at the cost of your comfort and convenience.
Nest, one of the most popular smart thermostat manufacturers, says its smart thermostat saves U.S. households about:
Your smart thermostat will provide you with a monthly heating and cooling report, which usually compares you to other residences in your community.
Your potential savings vary based on your home, where you live, how much insulation you have and your desired temperature settings. You might see average savings, significant savings or somewhere in between.
If you’re noticing you’re only getting small savings on energy costs, you might be optimizing for energy efficiency currently. This includes turning off your HVAC system when you’re not at home or moving your thermostat up/down when you’re sleeping.
Smart thermostats make this simple through their hands-off process that gradually shifts the temperature. If you’re at home often, it might not save you money on energy costs as is the point in an automatic, energy-efficient schedule.
Many utility companies offer rebates to homeowners who purchase energy-saving, ENERGY STAR-certified equipment such as a smart thermostat. The rebate amount varies by company, but in many instances, it will cover most or all the cost. To find out more, check your utility company’s website for rebate information.
Installing a smart thermostat is an investment, but it can help you spend less money in the end. If you’ve been considering installing one and want to know if they run as promised, we offer free home comfort assessments. Call our Experts at 866-397-3787 to request yours now!
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