Can You Save Money With a Smart Thermostat?

A component that influences your home’s comfort is its temperature and humdity. We all want to be cool in the Summer and warm in the Winter.  Living in Northern California until this year we’ve had pretty dry weather and didn’t need to worry about temperature swings.  As a result of El Nino, we are dealing with wetter weather and extreme temps.  Some folks don’t know that technology has given us a thermostat which has made this feasible.

How much can you really save using a smart thermostat?  Thermostat models are better and more sophisticated than ever and we’ve finally reached a level of intelligence that produced the smart thermostat.  For many the main attraction of a smart thermostat is in the potential savings it allows along with the convenience and other benefits it offers.   Is it worth it to replace your current thermostat with a new and smarter one?  Some speculate over cost-effectiveness, but studies and surveys give the following estimate regarding savings: 10+ percent on heating and 15+ percent on cooling, which amounts to about $130+ saved a year.  Not bad!  A smart thermostat can  costs less than $199 so it may pay for itself in as little as two years..

While saving money with a smart thermostat it pays to figure out which factors affect how much money you save. The following are the ones deemed to have the most influence on your savings:

Energy use – Are you the type to keep the heat on constantly all through winter or do you lower it in the evenings or when you leave the house?  If you want to save money use the setback feature.  Using a smart thermostat, you can automate them so that your house doesn’t run heat when it’s not needed.  This will make a difference in your energy bill.

Utility cost – It will differ from region to region, of course, but it gets more expensive each year.  This isn’t something that you can control but you can ask your utility company if it offers rebates on smart thermostats.
Unpredictable seasons – Winters and summers vary from year to year.  You’ll consume less energy during mild winters and summers, and more during harsh ones. The smart thermostat will allow you to more easily adapt your heating and cooling, even if you’re away.

General climate – Anyone living in mils climates will have better savings than those who live in areas that experience extreme temperatures
Home condition – Is your home properly insulated? Do keep your HVAC system well-maintained? Your choices in these areas will also affect your efforts in saving money with a smart thermostat.

The bottom line is that you will save money with a smart thermostat.  The question comes down to when you’ll break even on cost so that the savings it allows will count.  Considering the above factors.  We are Top Rank Home & Construction Services.  We serve you in the Elk Grove, Galt, Lodi, Stockton and Modesto areas with HAVC, Roofing, Windows, Insulation, Lighting, Concrete, Painting and Construction Services.  Call us at 916-667-3399 or at 209-251-7474 or just visit  We are the team with a plan!


Jeremy Goff is the owner of TopRank Heating & Air Conditioning, Inc., a company specializing in providing top-notch HVAC services to ensure comfortable and energy-efficient living environments. Under his leadership, TopRank has become known for its commitment to quality, customer satisfaction, and innovative solutions in heating, ventilation, and air conditioning systems.

More Blogs

A note to our visitors

This website has updated its privacy policy in compliance with changes to European Union data protection law, for all members globally. We’ve also updated our Privacy Policy to give you more information about your rights and responsibilities with respect to your privacy and personal information. Please read this to review the updates about which cookies we use and what information we collect on our site. By continuing to use this site, you are agreeing to our updated privacy policy.

Privacy Policy