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How New Smart Thermostats Save You Money

Learn more about how it can help you improve your energy efficiency and save money every month.

Have you ever heard the old saying, "if it’s not broken, don’t fix it"? This does not apply when it comes to your HVAC system.

There are a lot of services that you can invest in, and that will improve your system, even if nothing is specifically wrong. One of these investments is a smart thermostat.

When you invest in a smart thermostat, you can save a lot of money on your monthly energy bills. If you’re interested in smart thermostat installation, give our team a call. In the meantime, keep reading to learn more about how it can help you improve your energy efficiency and save money every month. 

How Smart Thermostats Work

A smart thermostat connects to your home’s Wi-Fi, and can even be controlled using your phone or computer. You can automate the programming for your thermostat to raise or lower the temperature at certain times of the day. You can also change the settings when you’re away and forget to do it before you leave home.

Perhaps the greatest benefit of a smart thermostat is that your thermostat can actually make recommendations for improving your energy efficiency. After all, you can only improve so much on your own with the knowledge that you have. Over time, a smart thermostat can learn your heating and cooling habits and hope you make small changes that can add up to big savings.

Temperature Settings

Ideally, you should lower the temperature of your thermostat in the winter while you’re away. This means that your home’s HVAC system is not heating your home when you aren’t there. If you forget to change the settings before you leave, you can’t go back and do it from afar with a standard thermostat. 

A smart thermostat allows you to pre-program your settings. For example, if you leave for work at 7 a.m. And return home around 5:30 p.m., you may set your thermostat to lower the temperature by 10° during those hours. Then around 5 p.m., your thermostat will increase the temperature again so that your home is comfortable by the time you arrive. 

You can do the same thing in the summer by increasing the temperature so that your home is not cooling down as much while you are away. Maintaining this habit can help you save around 10% on your heating and cooling bills. If your monthly energy bill is $200, the savings is around $20 per month. Over the course of 10 years, this adds up to $2,400. 

Smart Recommendations

Your smart thermostat may learn your habits and then suggest increasing or decreasing the temperature by a few degrees to save even more energy. Aside from lowering your monthly energy bills, this also reduces the wear and tear on your HVAC system. When your heater and air conditioner aren’t working as hard to heat and cool your home, there’s less strain on the system. This can extend the life of your unit so that it lasts longer before you need a replacement.

Contact Chase Heating and Cooling today to schedule an appointment with our professionals. We're "Keeping Homes Comfortable In All Seasons."