To some people, the idea of having a “Smart House” sounds awesome…the ultimate convenience that will not only make your life easier, but lets you use you some pretty cool technology in the process. To other people, a “Smart House” sounds like an unnecessary luxury and a waste of money.
But what if we told you, it could actually save you money?
Yep, that’s right. Having a Wi-Fi thermostat in your home can save enough energy to more than make up the price of the initial buy.
But first, let’s quickly answer a question that we get a lot: Is a Wi-Fi thermostat the same thing as a smart thermostat?
Not exactly. Or rather, all Wi-Fi thermostats are smart thermostats, but not all smart thermostats are Wi-Fi thermostats. Let’s explain why the heck you need to know that!
Basically, the main point of a smart thermostat is to save you energy, right?
But you see, a regular smart thermostat that doesn’t have Wi-Fi capability relies on its machine learning to try and determine when you’ll be home, so it can turn the temperature up and down accordingly. This is how it saves you energy.
Works well in theory, right? But the problem is, no matter how smart your thermostat is, and no matter how nice it is that it can save you a lot of energy by automatically turning down at night without you having to remember to do it yourself…We still aren’t operating at maximum efficiency here.
That’s because, your smart thermostat tries to guess when you’ll be home based on the schedule of when you usually come home.
A huge advantage of a Wi-Fi thermostat is that it KNOWS for certain when you’re not home. We here at Parker and Sons understand better than anyone that you probably aren’t going to get in the door at 5:30 on the dot every day…
So, wouldn’t it be awesome if your Wi-Fi thermostat was able to track where you are, and continue to keep the home at a more energy-saving temperature? If your thermostat knows you’re not home instead of just trying to guess based on neat but faulty learning technology, you could probably be saving money for 10 or 20 more hours a week.
How much is that in savings? The Department of Energy says, a person saves an average of 1% on their utility bill for every 8 hours they keep their home 1 degrees colder than they like in the winter. And let’s say your Wi-Fi thermostat is able to keep things efficient (by tracking your location) for 10 extra hours out of the week. That would cut your energy bill down by 1/4!
Even if you do have a smart thermostat instead of a Wi-Fi thermostat, according to Nest and their study done through Energy Star, you should save at least 10% on your heating bill. That means hundreds of dollars a year in savings!
And yes, you can remember to do it yourself, but will you?
Let’s answer one last question here that we asked for you in case you were too afraid to: Does a Wi-Fi thermostat still work if you LOSE your Wi-Fi?
Yes, absolutely! Even though it’s called a Wi-Fi thermostat, it will operate as normal even if your Wi-Fi goes out, which happens way too often, doesn’t it? There are some features, like of course the location tracking, and also measuring humidity since that’s done with an app, that don’t work if you don’t have Wi-Fi. But it will still work like a normal thermostat. Phew!