Why Smart Thermostats Are Worth It

If you’re looking for a way to spend less money and energy in your home, it might be a wise investment to research getting a smart thermostat. These gadgets can do everything from monitor when you leave the house, so that it doesn’t throw away electricity heating or cooling an empty home, to adjusting energy usage according to how many people are in a room or what time of day it is.

We’ll cover what a smart thermostat is, how it runs and why it’s worth it to invest in one. We’ll also discuss how it can help you save money on your energy bills by reducing energy consumption.

What Is a Smart Thermostat?

A smart thermostat is a programmable device that allows you to do everything from changing your heating and cooling settings for various times of day, to tracking when people are in the house, so it isn’t needlessly consuming energy by heating or cooling a vacant home.

Many smart thermostats have learning abilities, which means they pay attention to how you adjust 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 adjust and keep track of your energy usage from just about anywhere.

How Do Smart Thermostats Work?

A smart thermostat has learning algorithms and can connect with other smart home technology, such as Google Home, Amazon Alexa and Apple HomeKit, for even better control over your comfort. They’re compatible with most systems, including home heating and air conditioning.

Smart thermostat features consist of a temperature sensor that can tell when the home is empty, and then automatically change to an energy-efficient setting. Your smart thermostat might 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 track what time of day it is so it knows how much heating or air conditioning should be going.

Are Smart Thermostats Worth It?

For some people, the answer is yes. If you do a lot of traveling or are out for many 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 change it when you leave for work or go out of town for the weekend.

You won’t have to be concerned about whether your smart thermostat is on the appropriate program, or if you remembered to adjust the temperature setting before you left. It doesn’t require much effort from you, but you’ll notice it in reduced energy bills.

Smart Thermostats vs. Programmable Thermostats

Many homeowners have a traditional programmable thermostat, but 40% of them aren’t set properly. This means you might be missing chances to save on heating and cooling expenses.

Smart thermostats are convenient because they learn your schedule and automate heating and cooling that corresponds. You can set a similar schedule on a programmable thermostat. But it’s more effort to program your thermostat manually.

A smart thermostat automatically adjusts and progressively changes the temperature inside your home for the greatest energy savings. If you manually adjust a programmable thermostat, you can overload your HVAC system and make it work harder to meet your adjustments.

Do Smart Thermostats Save Energy?

Yes, because your smart thermostat will learn about your temperature preferences and day-to-day activities to make a schedule that saves on 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 acquire identical energy savings with a programmable thermostat, but it’s going to require a little bit more effort than a smart thermostat. To put together a schedule on programmable models, we suggest following these guidelines from ENERGY STAR® to save energy.

Recommended Temperature Settings for Your Heating System

    • Wake: Below 70 degrees.
    • Day: Set back at least 8 degrees, if no one is home.
    • Evening: Greater than 70 degrees.
    • Sleep: Set back at least 8 degrees.

Recommended Temperature Settings for Your Cooling System

    • Wake: Greater than 78 degrees.
    • Day: Set up at least 7 degrees, if no one is home.
    • Evening: Cooler than 78 degrees.
    • Sleep: Increase at least 4 degrees.

To sum up, you don’t have to buy a smart thermostat to decrease 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.

Do Smart Thermostats Save Money

Nest, one of the most prominent smart thermostat manufacturers, says its smart thermostat saves U.S. households about:

    • 10-12% on your heating bill
    • 15% on your cooling bill
    • $131 to $145 on your energy bill annually

Your smart thermostat will give you a monthly heating and cooling report, which often compares you to other residences in your community.

Your possible savings differ based on your home, where you live, how much insulation you have and your preferred 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 already. This includes turning off your HVAC system when you’re not at home or turning 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 a lot, it might not save you much on energy costs as is the point in an automatic, energy-efficient schedule.

How to Get a Smart Thermostat Rebate

Most 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 most instances, it will cover most or all the cost. To learn more, visit your utility company’s website for rebate info.

Depend On the Experts for Your Smart Thermostat Needs

Installing a smart thermostat is an investment, but it can save you money in the long run. If you’ve been thinking about getting one and want to know if they run as promised, we provide free home comfort assessments. Call our Experts at 866-397-3787 to schedule yours today!

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