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These days, new technology seems to be dropping at a rate that has never been seen before. The latest trend in the ecosystem is “Smart Technology”. It all started with the smartphone and has now made its way to there being “Smart Water Bottles”. These smart products all promise the same thing, a cheaper, more convenient way of living. One of the latest things trending in the smart tech realm is “Smart Thermostats.” But, what exactly is a smart thermostat? Find out how they work and how they can help below.

What Is The Difference Between a Regular and Smart Thermostat?

When it comes to thermostats, most people are familiar with the old non-programmable versions. But if you look at any new thermostats, you will find that many of them are now programmable and can be set to work on a schedule. Unlike old thermostats where you had to make any changes manually, smart thermostats connect to the wifi in your home and allow you to control and make any changes you would like straight from an app that can be downloaded on your mobile phone.

How Does a Smart Thermostat Work?

The whole point of a smart thermostat is to keep your home’s temperature as low as possible for as long as possible. This works by setting your desired temperature and your daily schedule so that the thermostat knows what temperature it should be at certain times, this in itself is very cost-efficient.

Is That All a Smart Thermostat Does?

Smart thermostats do way more than just let you input your schedule and desired temperature. One of the main features of smart thermostats is how they continuously learn about you and your behaviors. From the day that you install your smart thermostat, it will start to collect data on your actions, such as: how often you leave your home, what times you leave your home, how you interact with the app and any changes you make. While some people may be concerned about a smart-device collecting data on their actions, it is merely so that the thermostat can come up with better/more cost-efficient suggestions which will let you know that you can implement to save some money.

How Much Money Can I Save With a Smart Thermostat?

Because temperatures range throughout the world as well as the fact that everyone has different behaviors, there is no exact amount we can give you. While some companies state that by using their smart thermostats you can save 12% in energy costs, there are other companies that state you can save as much as 23% in energy costs with their product. It is safe to assume that you will save somewhere between those percentages.

Final Thoughts

While you can make your non-smart thermostat just as cost-efficient as a smart thermostat, it is important to know that it will be a lot harder to do it. Remember, the whole point of smart technology is to be able to make things as convenient and cost-efficient as possible. If you are in the market for a new thermostat, buying a smart thermostat is most likely your best option.

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