Will Installing a New Thermostat Lower My Power Bill?
Thermostats have changed quite a bit over the last decade. Most thermostats installed today are programmable systems with numerous cost-saving applications. For many, it’s time to get rid of the old thermostat and install a new one.
How a New Thermostat can Lower Your Power Bill
The primary way a new thermostat will save you money is by adjusting the temperature based on when you are at home and when you are away. There is no need to heat or cool your home while you are at work. Instead, you can set the programmer to raise the temps about an hour before you return so that you save money and stay comfortable.
Experts suggest keeping the thermostat to 68°F in the winter, while you’re awake and setting it lower while you’re asleep or away from home. In the summer, you should set your air conditioner at 78°F when you are not home.
Other Key Benefits of New Thermostats
1. Significant savings
According to the U.S. Department of Energy, you can save 5 to 15 percent just by turning your thermostat down 10 to 15 degrees for 8 hours.
2. Ease of use
Most programmable thermostats can be adjusted using a smartphone app.
Once you’ve programmed your thermostat, forget about it. The temperature will automatically adjust. If your schedule changes, it’s easy to override the system manually and then return back to the program.
4. Easily access data
Smart systems typically provide homeowners with data about their energy use. This can help you identify problems when they arise and also budget your use of utilities.
5. Zoning system compatibility
Use multiple thermostats for zone heating and cooling. This allows you to adjust the ambient temperatures based on the time of day and use of each space.
Don’t waste energy cooling or heating your home when nobody is there.
7. Extending the life of your HVAC system
Avoid unnecessary wear and tear on your HVAC system. Reduce the number of times it has to cycle by only heating or cooling when necessary.