Technology is everywhere and constantly evolving. Nowadays, not only are we making our cars and phones smarter, but our homes as well. One new piece of technology has made its way into our homes is a smart thermostat.
Whether you live in condo, apartment, or house, the heating and cooling of your house is to blame for approximately 40% of your monthly energy bill. Smart thermostats are said to save 10-%-30% on your energy bill, which makes this investment a no brainer. Right? Well let’s find out.
Smart thermostats can save you money
Smart thermostats can save you money, however, you should be trained on how to get the best use out of it. Knowing how to program the smart thermostat can make it a very convenient-money-saving machine. We already know changing the temperature in your house throughout the day can save you money every month on your energy bill. However, this task can be quite tedious and more of a hassle. This is where a smart thermostat can be helpful.
You can program your smart thermostat to be at higher temperatures when you are not at home or for the evenings when it is generally cooler. Some smart thermostats, like the Nest, can even “learn” when you are away from your home or the temperature you like best while you sleep. You can even control some of the smart thermostats through your smartphones, computers, or devices such as the Amazon Echo. Imagine coming home from work or vacation on a hot day to a house that has already been cooled down to your perfect temperature all because you were able control it with your smart phone!
Is it worth it?
Although smart thermostats can save you money, the savings on your bill probably won’t be significantly higher than the savings you would get from an older programmable thermostat. This technology is more about convenience. However, if you are a person with a very busy life or you can’t always seem to remember to turn up the temperature when leaving your house, a smart thermostat will definitely help you achieve those savings! Some smart thermostats can even provide information on what times your air conditioner is running to manage efficiency.
Of course with great and convenient technology, comes price. Smart thermostats are normally in the $200-$250 range. With that being said, the unit does end up paying for itself with the savings on your bill in about a 2-year period. There are many different kinds of smart thermostats out there so make sure you do your due diligence and choose the right one for you. If you’re in the market for a new thermostat which offers convenience as well as savings, then a smart thermostat is the investment for you.