In Maryland, nearly 50% of home energy use goes to heating and cooling. Could installing a smart thermostat help you reduce your home’s energy consumption and save you money on your utility bills?
If you’re like most homeowners, the answer is probably, “Yes!”
In fact, you could realize substantial cost savings every year while increasing the comfort of your home. Smart thermostats are convenient allowing you to control your heating and air conditioning systems from anywhere on your smartphone, tablet, or other device.
Let’s take a closer look at the benefits of installing a smart thermostat to help determine if this popular – and affordable – home improvement is right for you.
Smart vs. Programmable Thermostats
Today, most homeowners have at least upgraded their HVAC control to a programmable thermostat . Although programmable models offer a myriad of advantages as compared to the older, analog models, they pale in comparison to today’s advanced technology.
Programmable models allow you to set up (“program) in your preferred daily schedule for heating and cooling. For example, you might set a program that minimizes the use of the system during the day, when everyone is at work or school, and then cycles back on to bring the home to the desired temperature in time for your return.
Although these features do offer some level of convenience, programmable thermostats are notoriously difficult to set up and program. With a smart thermostat, you’ll never have to fight with programming again. This advanced technology actually learns based on your patterns of use and implements your preferences automatically. Motion sensors detect your presence (or absence) and activate the system accordingly. You also have the option to override the system if you prefer to change the temperature or other aspects of the system’s operation.
Smart Thermostat Cost vs. Return on Investment
The potential cost savings of having a smart thermostat can be substantial. In fact, EnergyStar states that a smart thermostat may be the best candidate for saving energy and reducing energy costs. And the cost of smart technology has come down significantly over the past few years, making these advancements of innovation as affordable as many programmable models.
The U.S. Energy Information Administration reports that more than half of residential energy consumption goes to heating and cooling the home. After installing a smart thermostat homeowners report a reduction in energy bills of up to 20% or more. Based on how much your average power bill runs, you could realize savings of hundreds of dollars a year. This means you could see a return on your investment in the first year of use.
Other Benefits of Installing a Smart Thermostat
Beyond the energy and cost savings you could realize, installing a smart thermostat can also help extend the life of your furnace and central air conditioning equipment. This could mean fewer repair bills and unexpected outages.
Controlling your heating and AC becomes truly effortless. Manually control the equipment for the first few weeks of use and then let the learning technology take over. Many models can be incorporated into your smart assistant or home control system, allowing you to use voice commands to adjust the settings.
Finally, should you ever decide to sell your home, you can count on the fact that most potential buyers will see your investment in smart technology as a very desirable amenity.
Contact Presidential Heating & Air Conditioning, Inc. today to learn more about the benefits of smart thermostats. We can add one to your existing HVAC system or include it with any new HVAC installation.