How a Smart Thermostat Can Help You Spend Less on Energy

December 07, 2020

Keeping your Grand Prairie house cozy can consume a big chunk of change. The usual homeowner spends about $172 on monthly heating and cooling bills, according to ENERGY STAR®, or approximately $2,060 annually. At least half of that is consumed by heating and cooling.

Many homes have programmable thermostats, but many people don’t take the trouble to use them properly. The process is time-consuming, complicated and only provides you limited options for temperature changes. When your house remains at an identical temp throughout the day, it consumes gas and electricity and adversely impacts your monthly expenses.

Smart thermostats adjust to your day-to-day activities and adjust the temp to accompany it. But can getting one really help you spend less money on heating and cooling? Yes, and here’s why.

Studies Show Smart Thermostats Reduce on Utility Expenses

Independent studies have found these devices can produce major savings.

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

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

How Does a Smart Thermostat Work?

After your smart thermostat is installed, you’ll at first program it just like any other thermostat. You’ll switch it up and down, so the thermostat can figure out your needs. Then, it will begin developing a program that helps you spend less money, whether you’re at your house or away. Because it geofences with your smartphone, you won’t have to think about adjusting it when you exit or return.

Pros and Cons of Having a Smart Thermostat

Pros

As we covered prior, smart thermostats provide lots of pluses to your residence and heating and cooling expenses, including:

  • No need to adjust—Your smart thermostat will adjust to your schedule, so you won’t need to spend time using programs or remember to turn it up or down.
  • Knows when you arrive and go—Since many smart thermostats geofence with your phone, your house will go into an energy-efficient setting when you go and be cozy when you arrive.
  • Remote temperature control—You’ll be able to see your home’s temperature from just about anywhere, on account of an app on your phone.
  • Supervise heating and cooling use—The majority of smart thermostats provide in-depth data through their app, such as how long you used heating and cooling on a specific day.
  • Reminders—Some smart thermostats will let you know about crucial maintenance tasks, including when you’re due to put in a new air filter.
  • Additional savings—The majority of local energy companies provide rebates for smart thermostats, so call with yours for more information.

Cons

In spite of that, there’s a few points you should take into account when considering installing a smart thermostat in your residence:

  • Compatibility—Based 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 advisable to ask an HVAC specialist like Bon Air Service Company. We also recommend having it professionally installed. This ensures that you have the proper number of wires and that it’s hooked up accurately. Some systems don’t include a common wire, which causes compatibility troubles with a smart thermostat. This wire powers your thermostat, so if your home doesn’t have a C-wire, we can put one in.
  • Housing situation—If you own your house and are planning to be there for a long time, it’s a smart investment to get a smart thermostat. If you’re thinking about moving in the next year or rent, we recommend waiting unless you want to take the thermostat with you. If you rent, you’ll typically need to have your landlord’s permission first prior to putting in a new thermostat.
  • Cost—Smart thermostats are pricier than programmable thermostats, and we advise having yours professionally installed. However, the energy savings over time 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 large of savings, but you’ll enjoy the convenience of not needing to program or adjust a thermostat.

Rely on Bon Air Service Company for Your Smart Thermostat Needs

At Bon Air Service Company, our main priority is to keep your house pleasant while helping you spend less energy expenses. If you’re considering installing a smart thermostat, our professionals can help, from selecting the best model to expert installation. Call us at 972-332-1028 today to learn more.