Homeowners have been hit hard with the rising cost of living and looking for ways to cut costs without sacrificing comfort. A 2003 study conducted by the U.S. Energy Information Administration (EIA), a department of the DOE, estimated that Michigan households paid an average price of 8.35 cents/kWh. The EIA reports the average price of a kWh of electricity in April 2012 at 13.68cents, that’s a 64% price increase not even a decade later!
According to Energysavers.gov, heating and cooling your home uses more money than any other system in your home - typically making up about 54% (or more) of your utility bill. Did you know that by setting your thermostat back only 1 degree for eight hours you can save around 1 percent on your heating bill during the winter? During the summer, each degree you set your thermostat above 75 degrees Fahrenheit cuts your cooling costs by 3 percent.* Changing the thermostat to a lower temperature in the winter and higher temperature in the summer is a simple way to save money.
A thermostat basically does two things. It compares the actual room temperature to the thermostat temperature you select and it gives start-and-stop commands to the heating and cooling system in order to reach and maintain the temperature setting you’ve selected.
With older thermostats, you adjust your temperature settings manually by turning the dial or moving the levers to a different temperature. Newer, electronic programmable thermostats can be programmed to adjust to the temperature automatically for the time of the day and the day of the week.
Although thermostats can be adjusted manually, programmable thermostats will avoid any discomfort by returning temperatures to normal as you wake or return home. A programmable thermostat can save you money because it makes it easier to adjust the thermostat settings when you are asleep or away and will do so automatically so you don’t have to remember! Schedule service today with Thornton & Grooms to see how a programmable thermostat can benefit your lifestyle.
*Potential energy savings may vary depending upon your personal lifestyle, system settings, equipment maintenance, local climate, actual construction and installation of equipment and duct system.