How a Smart Thermostat Can Help You Save More on Utilities

December 07, 2020

Keeping your Montoursville residence cozy can eat up a lot of money. A typical homeowner spends about $172 on monthly utility bills, according to ENERGY STAR®, or about $2,060 yearly. At least half of that is consumed by heating and cooling.

The majority of residences have programmable thermostats, but most people don’t take the trouble to use them properly. The process is bothersome, complicated and only gives you limited options for temperature changes. When your house is kept at the same temp throughout the day, it consumes gas and electricity and negatively impacts your monthly costs.

Smart thermostats pick up on your routine and adapt the temperatures to accompany it. But can having one really help you spend less money on heating and cooling? Yes, and here’s why.

Studies Show Smart Thermostats Decrease on Energy Bills

Independent studies show these devices can result in big savings.

These studies involved home energy bills in 41 states before and after adding a Nest smart thermostat. Nest said the study showed 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 priced between $100–$250, those savings can help it pay for itself. And the majority of local energy companies provide rebates for smart thermostats because they’re ENERGY STAR® certified.

How Does a Smart Thermostat Work?

After your smart thermostat is ready to go, you’ll at first program it just like any other thermostat. You’ll turn it up and down, so the thermostat can determine your needs. Then, it will begin developing a program that helps you conserve more money, whether you’re at home or gone. As it geofences with your smartphone, you won’t have to think about adjusting it when you go or get back.

Pros and Cons of Getting a Smart Thermostat

Pros

As we mentioned prior, smart thermostats give many advantages to your residence and utility costs, like:

  • No need to program—Your smart thermostat will adjust to your activities, so you won’t need to use up time adjusting programs or remember to change.
  • Knows when you get home and go—As a lot of smart thermostats geofence with your phone, your home will move into an energy-efficient setting when you leave and be comfy when you arrive.
  • Remote temperature management—You’ll be able to see your residence’s settings from virtually anyplace, because of an app on your phone.
  • Supervise 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—Certain smart thermostats will remind you of essential maintenance tasks, including when you need to change your air filter.
  • Added savings—Many local energy companies provide rebates for smart thermostats, so call with yours for more information.

Cons

Having said that, there’s a couple of areas you should take into account when considering getting 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 recommended to contact an HVAC pro like Airmen HVAC Service. We also suggest having it professionally installed. This confirms that you have the correct number of wires and that it’s hooked up accurately. Some systems don’t have a common wire, which results in compatibility issues with a smart thermostat. This wire powers your thermostat, so if your house doesn’t have a C-wire, we can install one.
  • Housing situation—If you own your residence and want to be there for many years, it’s a good investment to have a smart thermostat. If you plan to move soon or rent, we suggest delaying unless you will take the thermostat with you. If you rent, you’ll typically need to have your landlord’s permission first before adding a new thermostat.
  • Cost—Smart thermostats cost more than programmable thermostats, and we recommend 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 that’s the case, you might not see as many savings, but you’ll enjoy the perks of not needing to program or adjust a thermostat.

Depend on Airmen HVAC Service for Your Smart Thermostat Needs

At Airmen HVAC Service, our number one goal is to keep your residence comfortable while helping you spend less heating and cooling costs. If you’re considering installing a smart thermostat, our pros can help, from choosing the best model to expert installation. Give us a call at 570-322-3131 today to learn more.