In 2015, WalletHub ranked power rates in Alabama among the most expensive in the country, beating out larger, more populated states such as California, New York, and Florida. Alabama homeowners know firsthand how expensive energy rates can be in the state. Most search for energy-saving strategies year-round, hoping to cut down on their usage and costs. One simple strategy to cut energy costs involves the installation of a smart thermostat.
What is a Smart Thermostat?
A smart thermostat is one of the newest types of technology to hit the world of HVAC thermostats. It thinks for itself, looking for ways to help reduce your energy usage and costs each month. The smart thermostat can easily be controlled using a smartphone.
The smart thermostat is similar to a programmable thermostat. The difference is the smart thermostat does not require manual settings. Many people forget to program their programmable thermostats, leaving them to suffer without savings. Smart thermostats eliminate that problem and put savings in your pocket.
Do Smart Thermostats Save Money?
Smart thermostats average a cost between $100 – $1,000, depending on the model and features you want. Most people want to know if the smart thermostat provides enough savings to warrant this cost.
Truth be told, smart thermostat savings vary from one homeowner to the next. Factors such as the location and size of the home affect the savings awarded to each household.
On average, smart thermostats save 12% on winter heating costs and 15% on summer cooling costs. The EPA says this equals an average savings of $180 per year.
How Smart Thermostats Save Money
With a smart thermostat, you can easily adjust temperatures when you are home and when you are away. Adjusting temperatures during peak usage and non-peak usage certainly offers great savings. You can even program the thermostat to switch “on” before your arrival home so that it is comfortable when you walk inside.
Smart thermostats allow you to track energy usage and make adjustments based on this usage. DIY or the smart thermostat can work its magic and take care of the work for you. Smart thermostats know when you are home and when you are away and never stop working to provide you with the best energy savings possible.
Rice Heating and Air are a full-service HVAC Contractor headquartered in Alma, AR. The company specializes in air conditioning repair, AC installations, indoor air quality systems, heating repair, and furnace installations. Rice Heating and Air are focused on helping homeowners and businesses staying comfortable year-round. We are your comfort experts.
Call us today for any of your heating and cooling needs.
