Why Smart Thermostats Are Worth It

If you want a way to spend less money and energy in your home, it may be a worthwhile 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 worthwhile to invest in one. We’ll also talk about how it can help you save money on your energy bills by lowering energy consumption. 

What Is a Smart Thermostat? 

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

Many 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 adjust and keep track of your energy usage from just about anyplace. 

How Do Smart Thermostats Work? 

A smart thermostat has learning algorithms and can hook up with other smart home technology, like Google Home, Amazon Alexa and Apple HomeKit, for even better control over your comfort. They work with most systems, such as home heating and air conditioning. 

Smart thermostat features include 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 monitor what time of day it is so it knows how much heating or air conditioning should be going. 

Are Smart Thermostats Worth It? 

For many people, the answer is yes. If you do a lot of travel or are gone 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 adjust 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 right program, or if you remembered to change the temperature setting before you left. It doesn’t require a lot of effort on your part, but you’ll notice it in lower energy bills. 

Smart Thermostats vs. Programmable Thermostats 

Many homeowners have a standard programmable thermostat, but 40% of them aren’t set correctly. This means you could be missing chances to save on heating and cooling costs. 

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

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

Do Smart Thermostats Save Energy? 

Yes, since your smart thermostat will learn from your temperature preferences and routine 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 the same energy savings with a programmable thermostat, but it’s going to require a little bit more work than a smart thermostat. To set up a schedule on programmable models, we advise following these recommendations from ENERGY STAR® to save energy. 

Suggested Temperature Settings for Your Heating System 

  • Wake: Under 70 degrees. 
  • Day: Set back at least 8 degrees, if no one is there. 
  • Evening: Higher than 70 degrees. 
  • Sleep: Set back at least 8 degrees. 

Suggested Temperature Settings for Your Cooling System 

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

To sum up, you don’t have to buy 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 expense of your comfort and convenience.  

Do Smart Thermostats Save Money

Nest, one of the most popular smart thermostat manufacturers, says its smart thermostat saves U.S. homeowners 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 usually compares you to other residences in the area. 

Your possible savings vary based on your home, where you live, how much insulation you have and your preferred temperature settings. You might experience average savings, significant savings or somewhere in the middle. 

If you’re noticing you’re only seeing minimal savings on energy costs, you might be optimizing for energy efficiency currently. This includes switching off your HVAC system when you’re not at home or turning your thermostat up/down when you’re sleeping. 

Smart thermostats make this easy through their hands-off process that slowly shifts the temperature. If you’re at home often, it might not save you much on energy costs as is the point in an automated, energy-efficient schedule. 

How to Get a Smart Thermostat Rebate 

Many utility companies give rebates to homeowners who purchase energy-saving, ENERGY STAR-certified equipment like 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. 

Trust the Experts for Your Smart Thermostat Needs 

Installing a smart thermostat is an investment, but it can help you spend less money in the long run. If you’ve been thinking about installing one and want to know if they work as promised, we offer free home comfort assessments. Call our Experts at 866-397-3787 to request yours now! 

Savings For You

See All Offers Here >
Offer

FREE FAULT LOCATE FEE WITH ANY PAID REPAIR

  • Valid 24/7/365 weekends and holidays
  • Written 100% Expert Service Guarantee
print
Offer

$50 OFF ANY REPAIR

  • Save $50 on a Paid Service
  • Written 100% Satisfaction Guarantee
  • Plus, ask how to save an additional 15% and waive your trip charge!
print

© 2024 Service Experts, Service Experts Heating & Air Conditioning, and the Service Experts logo and design are registered trademarks of Service Experts LLC and used under license by SE Canada Inc. All Rights Reserved. *Not applicable to the Advantage Program. See your signed Advantage Program Agreement for full details and exclusions. 100% Satisfaction Guarantee is subject to certain restrictions and limitations as set forth in the applicable Terms and Conditions.