How a Smart Thermostat Can Help You Save More on Heating and Cooling

December 07, 2020

Keeping your Ronkonkoma residence comfy can require a lot of money. A typical household spends about $172 on monthly utility expenses, according to ENERGY STAR®, or approximately $2,060 each year. At least half of that is for heating and cooling.

Many residences rely on programmable thermostats, but many people don’t take the time to program them. The process is annoying, complicated and only gives you a few options for temperature changes. When your house stays at the same setting throughout the day, it wastes gas and electricity and badly influences your monthly costs.

Smart thermostats adjust to your schedule and change the temperatures to coordinate it. But can getting one really save you money on heating and cooling? Yes, and here’s why.

Studies Show Smart Thermostats Reduce on Energy Bills

Independent studies show these devices can produce large savings.

These studies used home heating and cooling bills in 41 states before and after adding a Nest smart thermostat. Nest said the study determined its thermostats can save up to 12% on heating and 15% on cooling, producing an average savings of $131 to $145 yearly.

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

How Does a Smart Thermostat Work?

After your smart thermostat is put in, you’ll first use it just like any other thermostat. You’ll set it up and down, so the thermostat can learn about your preferences. Then, it will begin creating a program that helps you save money, whether you’re at your house or out and about. As it geofences with your smartphone, you won’t have to put it on your list to adjust it when you leave or get back.

Pros and Cons of Getting a Smart Thermostat

Pros

As we covered prior, smart thermostats provide many perks to your house and utility expenses, including:

  • No need to program—Your smart thermostat will adjust to your activities, so you won’t be required to spend time using programs or remember to turn it up or down.
  • Knows when you come and go—Since lots of smart thermostats geofence with your phone, your house will move into an energy-efficient setting when you go and be comfortable when you arrive.
  • Remote temperature supervision—You’ll be able to keep an eye on your residence’s temperature from just about anywhere, due to an app on your phone.
  • Watch heating and cooling use—The majority of smart thermostats provide valuable data through their app, including how long you needed heating and cooling on a particular day.
  • Reminders—Certain smart thermostats will remind you of essential maintenance tasks, including when you need to get a new air filter.
  • Additional savings—Most local energy companies have rebates for smart thermostats, so check with yours for details.

Cons

Having said that, there’s a few points you should contemplate regarding getting a smart thermostat in your house:

  • Compatibility—Subject to the type and age of your heating and cooling system, a smart thermostat might not function with it. If you’re not sure, it’s recommended to ask an HVAC professional like Cool Power LLC . We also recommend having it professionally installed. This ensures that you have the right number of wires and that it’s linked right. Some systems don’t come with a common wire, which causes compatibility troubles with a smart thermostat. This wire energizes your thermostat, so if your residence doesn’t have a C-wire, we can install one.
  • Housing situation—If you own your residence and are planning to reside there for many years, it’s a good investment to have a smart thermostat. If you’re planning to move soon or rent, we suggest waiting unless you plan to take the thermostat with you. If you rent, you’ll often need to secure your landlord’s permission first in advance of getting a new thermostat.
  • Cost—Smart thermostats are pricier than programmable thermostats, and we suggest 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 frequently at the house? If so, you might not see as many savings, but you’ll have the benefits of not needing to program or adjust a thermostat.

Depend on Cool Power LLC for Your Smart Thermostat Needs

At Cool Power LLC , our top priority is to keep your house cozy while helping you conserve more energy bills. If you’re wanting to install a smart thermostat, our pros can help, from picking the right model to expert installation. Call us at 631-246-4029 today to learn more.