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Modern Thermostats Can Save A Lot on Utility Bills

There are three basic styles of thermostats on the market – old, programmable, and smart thermostats. The old or analog thermostat needs to be manually adjusted every time you want to set the temperature. The second type, the programmed thermostat, allows you to put almost an infinitive number of settings on it. It can be programmed to change the temperature at different intervals throughout the day. The third type, the Smart thermostat, is the real game-changer. It is the most adaptable; top models integrate with Wi-Fi connectivity and are behavior-centric.

The most important benefit of modern thermostats over the old ones is that they can allow for varying temperature levels. Plus, you can access them remotely, without necessarily having to be in your home, allowing you to better monitor and control temperature. That said, how can modern thermostats save you on utility bills?

Money Saving Thermostat Use Tips

There’s plenty of ways to save money on your heating bills. Some of the simple tips that have always been used include: 

  • Install Your Thermostat in the Right Location - Certain areas can affect your thermostat's effectiveness, possibly making it run your heating or cooling system longer than necessary. Places to keep your thermostat away from may include drafty areas, doorways, kitchen, drapery, and direct sunlight.
  • Turn the Thermostat Down at Night - Perhaps you're wondering why you have to turn your thermostat down when it's damn freezing outside. Well, the logic behind this idea is that when it's time to sleep, everyone is likely to be wrapped in thick and heavy blankets and pajamas. Chances are high you or anyone else in the house, for that matter, will need less heating. This could help save your energy consumption and utility bills.
  • Turn Your Thermostat Down During the Day - Turn the thermostat down when everyone is not at home. During the day, many people are at work, school, or other businesses. Leaving your thermostat running during this time could be a waste of energy. The best part of the modern thermostats is that you can schedule them to turn down during specific times of the day or night. You can also set the thermostat to get back to its normal levels when the family starts to return home.
  • Cut a Few Degrees - Another way to save on your utility bills is to bundle up and reduce your home's temperature levels. You can save a significant amount of money in winter and the fall by cutting a few degrees. You can turn down two or three degrees and then wear warmer sweaters, long pants, socks, and any other clothing that can make you comfortable around the house.
  • Don't Turn Your Thermostat Completely Off - When you turn your thermostat off, it will require a lot of energy to reboot and get your house back to a comfortable level. This will consume more energy than if you had set it to lower degrees.

Smart Thermostats

As mentioned earlier, a smart thermostat offers a plethora of features that allows you to keep your house at the desired temperature levels, save energy, and safe on your utility bills. When a smart thermostat is installed in your home, it will start to record your temperature settings and learn your schedule, and with time, it will automatically adjust the settings. While your thermostat is in the process of recording your preferences, you can utilize its Wi-Fi capabilities to increase or decrease the temperature levels via your smartphone, computer, tablet, or any other device.

Additionally, a smart thermostat allows you to track your energy consumption – it indicates your real-time energy consumption and consumption cost. You can access this data from the available applications that let you adjust and monitor temperature remotely. A smart thermostat can also advise you on the best method of cooling and heating your home. The best models can make ambient conditions, like cooling down the hot kitchen appliances being used or reducing humidity levels.

Subsequently, a smart thermostat takes the stress of having to schedule your AC usage. It doesn't require you to keep on adjusting all day. Most of these thermostats come with detectors that can tell when people are at home and active. They record and store the movement data, which they can use to adjust a cooling and heating schedule to account for climate changes. Ultimately, smart thermostats can monitor the weather to cool or heat your home more during extreme weather conditions.