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Can a Programmable Thermostat Save Money on Electrical Bills?

Posted On: July 23, 2021

If you are trying to find ways to save money, you might take a close look at your electric bill. Cutting electricity costs is one of the best ways to save within your budget.  

Electricity is a necessity in the home, not a luxury. While electricity is essential to home life, it doesn’t have to break the bank. So how can you reduce those high-dollar electric bills?  

Here are a few facts about programmable thermostats and how they can help you save money.

The Truth About Heating and Cooling Your Home

Reports from Energy Star show that heating and cooling a home accounts for up to 45% of an average electricity bill. That’s almost half of your energy bill!  

The best way to control high energy costs is to get control of your thermostat. A lot of money gets wasted when an air conditioner is running in an empty house. Ideally, your heating and cooling should kick on only when you need it.

How Programmable Thermostats Work to Save Money

The beauty of smart thermostats is that you can program them to switch on or off according to your needs. Manual thermostats do not have this ability, which robs you of the opportunity to save money.

With a programmable thermostat, you have full control over the temperature of your home at all times. This feature helps to regulate energy and reduces money spent on electricity bills.  

Is It Worth the Investment?

Programming a thermostat at energy efficient-levels saves money over the long term. In most cases, you can regain the installation costs of a new programmable thermostat in less than a year.

A thermostat that is over ten years old does not have energy-efficient technology. New thermostats have improved sensors, better automation, and features. Replacing an old thermostat saves you money because it uses updated technology.

Money-Saving Tips for Using a Programmable Thermostat

Our HVAC contractors can show you how to use a programmable thermostat. But here are specific tips to know about saving money with it.

Install the Thermostat in the Right Place to Avoid False Readings

Locations in direct sunlight or drafty areas will trigger the sensors in a thermostat. This will activate the HVAC system unnecessarily.

Look for Times to Bump It Up or Down

When programming your thermostat, set it back from its regular setting by 7°-10°F for eight hours a day. This can save you as much as 10% per year on heating and cooling.

Resist the Urge to Adjust the Thermostat Throughout the Day 

Constant adjustments overwork your HVAC system, making it inefficient and costly to function.

Use Vacation Settings Sparingly

Only use the ‘hold’ or ‘vacation’ feature when the home will be vacant for an extended period of time. Using these features on a daily basis will waste energy and money.

The Premier HVAC Providers Near Me

If you’ve ever asked about “programmable thermostat installation near me” and you’re interested in saving money, T.E. Spall & Sons is here to help. We proudly serve Lackawanna, Wayne, Luzerne, and Susquehanna Counties. CALL SPALL today and we can show you how to save a bundle on your electric bill.

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