Do Smart Thermostats Save Money?

July 11, 2022

Can you save money with a smart thermostat?

Smart thermostats are programmable, connect to a home’s WiFi system, and allow homeowners to monitor them via smart devices. They offer many benefits for Clearwater homeowners, including improved home comfort and convenient controls that you can access from anywhere.

The most important benefit of a smart thermostat is that it can save you money. How do we know? Let’s do some math.

Smart thermostat installations cost anywhere from $350 to $1,150, averaging $450. According to the Department of Energy, an automated thermostat schedule can save you up to 10% a year on your energy costs.

With Florida’s average monthly energy bills at $128.64, Clearwater homeowners could save as much as $1,800+ over ten years, which is the average thermostat lifespan.

A $450 smart thermostat installation with $1,800+ in energy savings could mean that your return on investment is approximately 300%.

So, how exactly does a smart thermostat save you money? With the following features:

Learning Your Household’s Habits
Allowing You to Change the Temperature Remotely
Providing You With Real-Time Service Reminders
Providing You With Energy Tips

In this blog, we’ll cover how these features make a smart thermostat installation worth the investment.

Want a Reliable Smart Thermostat Installation ASAP?

Contact Climate Design! With thousands of 5-star Google reviews, Clearwater homeowners know that they can trust our certified professional technicians to meet the most stringent of industry standards. We install the latest thermostat models from Honeywell, Nexia, Trane, and Google NEST.

Call us at (727) 295-1572 or click the button below for a same-day installation every day of the week.

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Learn Your Household’s Habits

The smart thermostat learns your schedule almost as well as your calendar.

Smart thermostats help you save money by creating a cooling schedule that allows you to conserve and optimize your energy consumption.

Increasing the thermostat setting 7°-10°F from its normal temperature for around 8 hours a day helps you save as much as 10% each year. Is that temperature change too big for you? Even a smaller temperature adjustment will help you save money if done regularly.

The smart thermostat will “learn” how your household usually adjusts temperature settings by collecting data over time. It will then automatically change the temperature to match your preferences. For example, it’ll learn that you increase the temperature at 8am every weekday because that’s when you go to work. Or maybe it learns that you change the temperature settings every Saturday at 2pm because that’s when you leave home for a regular social event.

After feeding the smart thermostat enough data to automate a schedule, you’ll no longer need to adjust the temperature manually. This eliminates the hassle of having to constantly change the temperature yourself and ensures that you never lose out on energy savings.

Allow You to Change the Temperature Remotely

Change your home’s temperature with your smartphone.

Have you ever forgotten to increase your thermostat temperature before a long vacation? It happens to the best of us, and you’ll find this smart thermostat feature valuable for your peace of mind and wallet.

Smart thermostats allow homeowners to control their home’s air conditioning or heat pump system from anywhere as long as they have a WiFi connection. With an app, you can check your home’s temperature, change the thermostat settings, and put the days of forgetting to adjust settings behind you.

Provide You With Real-Time Service Reminders

Your smart thermostat reminds you about air filter replacements and AC tune-ups.

When was the last time you changed your air filter or scheduled an air conditioning tune-up appointment with your technician? Both are vital for helping your system to work efficiently. If it has performance issues due to a clogged air filter or lack of maintenance, it will work less effectively to cool your home and consume more energy. Higher energy consumption means higher energy bills, a shortened system lifespan, and an increased risk of future breakdowns.

Save yourself from the stress of a surprise breakdown when you need your AC system the most, as well as time and money, with a smart thermostat. It will provide you with scheduled reminders for air filter replacements and let you know if your AC needs maintenance or repairs.

Note: You can also enroll in a maintenance plan. Your home services provider will send you reminders to schedule an air conditioning tune-up that includes filter replacements.

Provide You With Energy Tips

Get money-saving tips from your smart thermostat’s reports.

Smart thermostats collect a vast amount of data throughout their operation. By using their “learning” capabilities, they provide you with useful reports and tips about how you can reduce your monthly energy bills even further.

For example, the Google NEST smart thermostat will send a monthly email summarizing your energy usage, including tips on using new features, specific reasons for energy consumption changes, and how your behavior compares to similar homeowners in Clearwater.

Overall, smart thermostats help reduce your mental load while improving your air conditioning system’s efficiency and lifespan—all while saving you money in the long run.

Ready for a Same-Day Smart Thermostat Installation? Contact Climate Design!

Climate Design’s highly-experienced air conditioning technicians can assist you with your smart thermostat installation every day of the week. We’re open from 8am to 8pm for same-day appointments on our top-of-line thermostat brands and models. Within hours of arriving at your Clearwater home with our fully-stocked service vans, we’ll finish installing your desired smart thermostat brand and walk you through how to use it.

Call us at (727) 295-1572 or book a free estimate below to experience our 5-star installation services.

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