How a Smart Thermostat Can Help You Save More on Energy

December 07, 2020

Keeping your Hattiesburg residence comfy can require a big chunk of change. The usual household spends about $172 on monthly heating and cooling bills, according to ENERGY STAR®, or about $2,060 each year. At least half of that goes to heating and cooling.

Many houses use programmable thermostats, but most people don’t take the time to program them. The process is time-consuming, complicated and only provides you limited options for temperature settings. When your residence stays at the same temperature throughout the day, it consumes utilities and negatively influences your monthly bill.

Smart thermostats pick up on your routine and modify the temp to coordinate it. But can using one really conserve money on heating and cooling? Yes, and here’s why.

Studies Show Smart Thermostats Decrease on Utility Expenses

Independent studies show these devices can produce large savings.

These studies included home energy bills 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, resulting in an estimated savings of $131 to $145 yearly.

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

How Does a Smart Thermostat Work?

After your smart thermostat is ready to go, you’ll initially program it just like your previous thermostat. You’ll turn it up and down, so the thermostat can learn about your wants. Then, it will get to work developing a program that helps you spend less money, whether you’re at your house or away. Since it geofences with your smartphone, you won’t have to think about adjusting it when you go or return.

Pros and Cons of Getting a Smart Thermostat

Pros

As we covered before, smart thermostats offer lots of advantages to your residence and utility costs, like:

  • No need to set—Your smart thermostat will adjust to your schedule, so you won’t need to use up time using programs or remember to change.
  • Knows when you arrive and go—Since lots of smart thermostats geofence with your phone, your residence will move into an energy-efficient setting when you leave and be cozy when you return.
  • Remote temperature supervision—You’ll be able to see your house’s settings from nearly anyplace, thanks to an app on your phone.
  • Monitor heating and cooling use—Many smart thermostats provide great data through their app, like how long you required heating and cooling on a specific day.
  • Reminders—Select smart thermostats will let you know about critical maintenance tasks, such as when you’re due to get a new air filter.
  • Additional savings—Many local energy companies have rebates for smart thermostats, so call with yours for more information.

Cons

Having said that, there’s a few points you should take into account when considering installing a smart thermostat in your house:

  • Compatibility—Based on the type and age of your heating and cooling system, a smart thermostat might not function with it. If you don’t know, it’s recommended to check with an HVAC specialist like Oak Grove Heating & Air Conditioning. We also recommend having it professionally installed. This confirms that you have the proper number of wires and that it’s hooked up correctly. Some systems don’t come with a common wire, which causes compatibility issues with a smart thermostat. This wire runs your thermostat, so if your residence doesn’t have a C-wire, we can add one.
  • Housing situation—If you own your home and want to be there for a long time, it’s a good investment to install a smart thermostat. If you plan to move soon or rent, we advise holding back unless you plan to take the thermostat with you. If you rent, you’ll usually need to secure your landlord’s permission first in advance of putting in a new thermostat.
  • Cost—Smart thermostats cost more 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 that’s your situation, you might not see as big of savings, but you’ll have the perks of not having to program or adjust a thermostat.

Trust Oak Grove Heating & Air Conditioning for Your Smart Thermostat Needs

At Oak Grove Heating & Air Conditioning, our number one goal is to keep your house comfortable while helping you conserve more energy expenses. If you’re wanting to install a smart thermostat, our professionals can help, from selecting the best model to expert installation. Contact us at 601-292-9763 today to learn more.