Do smart thermostats save money? Smart thermostats have the potential to save you money but it depends on a variety of factors like how they are used and the quality of insulation. And smart thermometers also cost a lot more than traditional options. So is it really worth the investment? It seems that many homeowners believe so because smart thermostats are rapidly growing in popularity. Why? Let’s explore what smart thermometers have to offer and how they help save money.
Ease of Use
To learn the ways smart thermostats help save, it’s helpful to understand how they work. Smart thermostats make it easy to change your home’s temperature and settings from anywhere using a smartphone app, web browser or voice commands on Google Home, Amazon Echo or similar. You can cool off the house before you arrive home from vacation or pump up the heat from the comfort of your bed. The ease of use and access alone may be worth the initial investment.
Convenience isn’t the only benefit. The apps also allow you to view your setting history and easily make money-saving tweaks to your schedule. For example, you can set the thermostat to Eco mode for times you are away or working. Efficient scheduling can help you save on heating and cooling costs. You’ll also be able to view your usage history and get a better understanding of how often your system is used.
Learning
Smart thermostats learn from your behavior over time. They monitor how long it takes for your system to bring the room to your desired temperature and how long the temperature can be maintained. Smart thermostats keep your home as cool as possible for as long as possible by running the system in a “smarter” way, making the most out of when it’s running. Optimizing your HVAC for more efficiency will help save money over time. And studies show smart thermostats can help save customers 10-15%.
Smart thermostats sense when you are home and away, adjusting the temperature automatically. Don’t worry about forgetting to adjust the thermostat manually before you leave. Smart thermostats also learn your temperature preferences and habits so you aren’t tethered to making changes on your thermostat throughout the day.
Alerts
One benefit that is often overlooked is the alerts smart thermostats provide. Time to change the filter? No worries. Your app will alert you. From air filters to maintenance, these alerts make caring for your HVAC system easier, helping it last longer, run better and save you money. If there’s a power outage, you’re alerted so you can better understand your system and stay connected, even while away.
