Smart thermostats work like traditional thermostats but connect to Wi-Fi, letting you control the temperature using your smartphone or voice assistants. The big question is: Will they really save you money? Let’s break it down.
How Do Smart Thermostats Save Money?
Smart thermostats help cut energy bills by automatically adjusting your home’s temperature. Here’s how:
- Automatic Schedules: Set it once, and the thermostat will turn off or lower the temperature when you’re asleep or away.
- Remote Control: You can control the temperature from anywhere using your phone or voice commands.
- Location Tracking: With “geofencing,” your thermostat can turn off when it knows you’ve left home.
- Room Sensors: Some thermostats monitor rooms to keep the temperature comfortable where it matters.
- Energy Savings Reports: Many smart thermostats show how much energy you’re using and give tips to save more.

How Much Can You Save?
- Average Savings: About 8% on heating and cooling bills or roughly $50 per year, according to Energy Star.
- Bigger Savings: Companies like Google (Nest) claim you can save up to 12%, while Ecobee promises up to 26% savings.
A good smart thermostat can pay for itself in 1-5 years, depending on your energy use.

When Smart Thermostats May NOT Be Worth It
- If someone is home all day, you might not save much.
- Homes with boiler heating or heat pumps may not benefit as much.
- If you live in a mild climate, savings might be small.
Important Tip: Smart thermostats only save money if you use their features properly. Constantly overriding schedules could increase your energy bills.

Are They Worth It?
Yes, if you want to save money, enjoy convenience, and reduce energy use over time. Just make sure your HVAC system is compatible before installing one.
Need help setting up a smart thermostat? OBX Tech Guy is here to help! Call 252-686-1451 or visit obxtec.com for professional installation and support.
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