How a Smart Thermostat Can Help You Save More on Utilities

December 07, 2020

Keeping your Perry house comfortable can require a lot of money. The usual household spends about $172 on monthly energy bills, according to ENERGY STAR®, or about $2,060 each year. At least half of that is for heating and cooling.

Most homes rely on programmable thermostats, but most people don’t take the trouble to use them properly. The process is bothersome, involved and only offers you a couple of options for temperature changes. When your home stays at an unchanging temperature throughout the day, it consumes utilities and badly impacts your monthly bill.

Smart thermostats pick up on your schedule and adapt the temperatures to accompany it. But can getting one really conserve money on heating and cooling? Yes, and here’s why.

Studies Show Smart Thermostats Save on Heating and Cooling Bills

Independent studies show these devices can produce major savings.

These studies used home energy bills in 41 states before and after installing a Nest smart thermostat. Nest said the study found its thermostats can save up to 12% on heating and 15% on cooling, generating an average savings of $131 to $145 each year.

With the average smart thermostat costing between $100–$250, those savings can help it pay for itself. And the majority of local energy companies have rebates for smart thermostats as they’re ENERGY STAR® certified.

How Does a Smart Thermostat Work?

After your smart thermostat is put in, you’ll at first use it just like your previous thermostat. You’ll switch it up and down, so the thermostat can determine your preferences. Then, it will begin developing a program that helps you spend less money, whether you’re at home or gone. Because it geofences with your smartphone, you won’t have to put it on your list to adjust it when you leave or come home.

Pros and Cons of Having a Smart Thermostat

Pros

As we covered before, smart thermostats provide lots of benefits to your residence and heating and cooling expenses, such as:

  • No need to program—Your smart thermostat will adjust to your routine, so you won’t be required to use up time adjusting programs or remember to turn it up or down.
  • Knows when you arrive and go—As many smart thermostats geofence with your phone, your residence will be put into an energy-efficient setting when you take off and be comfortable when you get back.
  • Remote temperature management—You’ll be able to watch your house’s settings from virtually anywhere, thanks to an app on your phone.
  • Watch heating and cooling use—Most smart thermostats provide valuable data through their app, like how long you used heating and cooling on a particular day.
  • Reminders—Select smart thermostats will remind you of critical maintenance tasks, such as when you’re due to replace your air filter.
  • Added savings—Many local energy companies provide rebates for smart thermostats, so check with yours for more information.

Cons

Having said that, there’s a couple of things you should take into account regarding getting a smart thermostat in your house:

  • Compatibility—Depending on the type and age of your heating and cooling system, a smart thermostat might not be compatible. If you’re not sure, it’s recommended to contact an HVAC specialist like Gillman Heating and Air. We also recommend having it professionally installed. This guarantees that you have the proper number of wires and that it’s hooked up right. Some systems don’t come with a common wire, which creates compatibility problems with a smart thermostat. This wire powers your thermostat, so if your residence doesn’t have a C-wire, we can add one.
  • Housing situation—If you own your house and plan to reside there for a long time, it’s a wise investment to install a smart thermostat. If you’re thinking about moving soon or rent, we advise waiting unless you will take the thermostat with you. If you rent, you’ll often need to secure your landlord’s permission first before adding a new thermostat.
  • Cost—Smart thermostats are pricier than programmable thermostats, and we advise having yours professionally installed. However, the energy savings over the years can help pay for itself.
  • Lifestyle—Does a family member work from home, or is someone often at the house? If that’s your situation, you might not see as many savings, but you’ll have the convenience of not needing to program or adjust a thermostat.

Rely on Gillman Heating and Air for Your Smart Thermostat Needs

At Gillman Heating and Air, our top purpose is to keep your home comfy while helping you conserve more heating and cooling costs. If you’re considering installing a smart thermostat, our pros can help, from choosing the right model to expert installation. Give us a call at 478-202-3076 today to learn more.