Can Nest thermostats save money?

Your air conditioner is the single largest contributor to your electric bill. If you’re working from home, keeping the entire house cool during the day can get expensive. Nest thermostats save U.S. consumers about 15% on their cooling bills and between 10-12% on heating costs.

Nest Thermostats Take You Beyond ‘Smart’ to ‘Intuitive’

Why should you have to figure out your thermostat? The Nest Thermostat learns from you. –Nest.com

Most people want programmable thermostats. We know it will reduce energy consumption and lower heating and cooling expenses. But programming them is tricky, and many people simply give up.

Nest thermostats raised the bar forever. Your home may have the same architectural floor plan as your neighbor’s, but your energy use won’t be the same. The type of home furnishings, number of household members and pets, and how you live are unique. Those dynamics greatly influence heating and cooling usage.

Nest thermostats don’t need to be programmed. They analyze your heating and cooling patterns. They learn about you; from you.

12 Benefits of Nest Thermostats

When reviewing the best smart thermostats for 2020, TechHive said, “You could just buy a Nest Learning Thermostat and call it a day.” The advantages are numerous:

  1. Advanced auto-programming – Your Nest thermostat evaluates your patterns and preferences. Then, based on what it has learned, it programs itself to fit your schedule.
  2. Airwave™ – Your air conditioning runs 30% less without a reduction in air comfort using Airwave technology.
  3. Display – Nest thermostats light-up and display weather, outdoor temperature, humidity level, and time.
  4. Ease of use – The Nest mobile app is easy to use and user-friendly.
  5. Integration – Nest thermostats sync with other devices/appliances: security cameras, doorbells, lights, locks.
  6. Leaf light – If the green leaf is displayed on your thermostat, you’re saving energy (and money).
  7. Mobile alert – If the temperature drops low enough to freeze pipes or too hot, the Nest thermostat sends an alert. If your HVAC (heating, air conditioning, ventilation) system malfunctions, you’ll be notified.
  8. Mobile app – You can change the temperature of your home from anywhere.
  9. Reports – Energy History generates a Home Report which summarizes energy usage and also offers tips for saving energy.
  10. Safety – If a smoke alarm or CO detector goes off, Nest will shut off the fan and/or turn off your heating/cooling system.
  11. Save energy – Here’s a fun fact from our California friends: Since 2011, Nest users have saved enough energy to power San Francisco for 2 years.
  12. Save money – Average energy bill savings are about $140/year.

Turn It On Electric: Helping You Find Better Ways to Manage Time and Money

You may find yourself working at home more this year. Economic conditions continue to fluctuate unpredictably. Homeowners are finding time and money management are more important than ever, but we also want to manage energy consumption.

Energy conservation is simply the right thing to do for our planet. (It’s the right thing to do for our budgets, too.) If you find you’re using more electricity this year, here are two ways to lower energy consumption:

  1. If your family is forgetful about turning the lights off in bathrooms and other areas, consider light motion sensors for areas of your home.
  2. Rewire your home office to accommodate increased work-at-home hours. It’s a solid investment in saving energy and increases your property value.

Turn It On Electric wants to be your electrical contractor. Please contact us if you have questions about cost-saving energy management.

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