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Benefication Lab
Meet the Lab » Smart Thermostats

Optimize your home's performance and save money on energy bills

woman syncing her smart thermostat with her cellphone
Description

An ENERGY STAR-certified smart thermostat offers comfort and convenience, optimizing your home’s temperature throughout the day to fit your needs, which saves you money on your energy bill. It can also enable your utility to manage load capacity to the grid, which optimizes its performance.  Smart thermostats are advanced, internet-connected devices designed to regulate and optimize indoor temperature settings in homes and buildings. They go beyond traditional thermostats by offering remote control, automation, and intelligent features that enhance comfort, energy efficiency, and convenience.

Potential Energy Savings

ENERGY STAR smart thermostats can help customers save up to 13% on their annual heating and cooling bills. Plus, customers who opt for demand flexibility or time-of-use programs can save experience additional savings through their utility.

How They Work

The primary function of a smart thermostat is to monitor and control the heating, ventilation, and air conditioning (HVAC) systems. Through Wi-Fi or other connectivity options, users can access their smart thermostats via smartphone apps, allowing them to adjust temperature settings from anywhere at any time. Some smart thermostats also utilize sensors to detect occupancy and adjust temperatures, ensuring optimal comfort while reducing energy waste.

Benefits
  • By providing precise control over heating and cooling schedules, users can avoid unnecessary energy consumption when the space is unoccupied or when less heating or cooling is required. Some models even employ machine learning algorithms that adapt to users’ behavior and preferences, creating personalized temperature schedules that maximize efficiency.
  • They enable energy-saving features like geofencing, where the thermostat adjusts settings based on the user’s location. For example, the thermostat can automatically detect when the user is away from home and adjust to an energy-saving mode, then return to a comfortable temperature when the user is close to returning.
  • They can lower a customer’s utility bill by optimizing space conditioning without sacrificing comfort. Many utility companies even offer rebates or incentives for installing smart thermostats due to their energy-saving potential.
  • Users can view detailed reports and analytics through the accompanying apps, which can help identify patterns, optimize settings, and make informed decisions to reduce energy consumption further.
  • Smart thermostats allow customers to opt into demand flexibility programs their utility offers, which allows utilities to reduce and shift peak load, improving grid operations.