Smart thermostats have become one of the most popular HVAC upgrades in recent years—but do they actually save you money? Or are they just another gadget with flashy features?
The answer depends on how you use them, the type of system you have, and how consistent your heating and cooling needs are. Let’s look at the facts.
How Smart Thermostats Save You Money
- Automated Scheduling: They learn your patterns and automatically adjust the temperature when you’re home, asleep, or away.
- Less energy wasted on heating/cooling an empty house
- No need to remember to adjust the thermostat manually
- Remote Control: Control your home’s temperature from anywhere via smartphone app.
- Forgot to turn the heat down before leaving? Fix it from your phone.
- Geofencing: Some models (like Ecobee and Nest) use your phone’s GPS to adjust settings based on whether you’re home or away.
- Energy Usage Reports: Track your usage, spot patterns, and get tips to reduce waste.
- Weather and Smart Home Integration: Advanced models factor in outdoor weather, occupancy, and even utility rates to optimize energy use.
How Much Can You Actually Save?
According to Natural Resources Canada and studies by Energy Star:
- Most homeowners save 8–12% on heating and 15% on cooling annually.
- That’s roughly $100–$200 per year, depending on your location and lifestyle.
Smart thermostat models like Nest and Ecobee have been independently tested to deliver energy savings in Canadian climates—especially when combined with high-efficiency HVAC systems.
Are Smart Thermostats Worth It?
They tend to pay for themselves within 1–2 years through energy savings alone, and even faster if you:
- Have a variable schedule or travel often
- Heat/cool a large space
- Forget to adjust your thermostat regularly
- Want more control over comfort and humidity
Things to Consider Before You Buy
- Upfront Cost: Most smart thermostats cost between $150–$350
- Compatibility: Some homes may need a C-wire or pro installation
- Wi-Fi Reliability: These systems rely on a stable internet connection
Our Recommendation
Smart thermostats do save money when used consistently—and they also improve comfort, provide better control, and help you understand your energy habits.
For hybrid heating systems, especially those using heat pumps, a “set it and forget it” strategy is often recommended. These systems work best with steady operation rather than frequent on/off cycling. A smart thermostat can manage this balance effectively—delivering comfort while minimizing wear and tear on your equipment.
If you’re looking for a small upgrade with real return, this is it. when used consistently—and they also improve comfort, provide better control, and help you understand your energy habits. If you’re looking for a small upgrade with real return, this is it.
Need Help Choosing or Installing a Smart Thermostat? Affordable Comfort installs and supports Nest, Ecobee, Honeywell, and other leading brands. We’ll help you choose the right model and make sure it’s set up for real savings.
