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All the Ways Smart Wi-Fi Thermostats Save You Money

studio shot of modern thermostat

If you don’t already have a smart thermostat, now is a great time to invest in one. Smart thermostats aren’t just convenient. They can help you save money by lowering your energy costs. But that’s not all. Smart thermostats offer a lot of other benefits, too. 

If you’re interested in smart thermostat installation in Staten Island, NY, our team can help. In the meantime, you can keep reading to learn more about smart Wi-Fi thermostats, and how they can save you money. 

Many homeowners love smart thermostats for their convenience. You can use pre-programmable settings to adjust the temperature automatically or even make adjustments from your phone or computer, whether you are home or away. This alone is a great benefit, but smart thermostats can quickly pay for themselves and help you wrap up savings over time. 

Add Up the Savings

The EPA estimates that homeowners can save an average of $180 every year just by installing a programmable thermostat. This may not seem like a lot of money, but over a decade you can easily save $1,800 or more. If you really take advantage of your smart thermostat, you can save even more. 

Learning Habits

When you have a standard thermostat, you choose your own temperatures and settings. You have to do the same thing with a smart thermostat, but the difference is that over time the smart thermostat will begin to learn how and when you change temperatures. Your system will then begin to automatically make adjustments based on your preferences.

For example, if you turn the heat down before you go to work for the day, your smart thermostat will take note of that. If you arrive back home at 6 o’clock in the evening and turn the heat back up, your thermostat will take note of that too. Eventually, it will establish these familiar patterns. The benefit to your Wi-Fi smart thermostat learning your habits is that it can make temperature adjustments without you having to remember to do so. If you forget to lower the heating temperature before you go to work a couple days a week every single month, it can cost you more money to heat your empty house. But your smart thermostat never forgets. 

Tracking Usage

Your smart thermostat also has the ability to monitor your energy usage. You may notice energy spikes if your thermostat is set too high and working too hard to heat your home. Adjusting the temperature by just 2° or 3° can make a huge difference in your energy usage. Without having that data available, it’s difficult to make tweaks that can improve your energy efficiency and help you save money. When you can make an adjustment and then see the difference in your smart thermostat’s data, it reinforces the fact that you are saving. 

Eco Mode

Many smart thermostats have what is called an Eco mode. This means that if you’re away for longer, or at an unusual time, your smart thermostat will automatically change settings to help you reduce energy usage. Your Wi-Fi-enabled thermostat does this by using motion sensors in your home or by tracking your phone’s location when it is out of range. Each smart thermostat works slightly differently.

Contact Scaran today to schedule an appointment for a smart thermostat with our professionals.

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