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Friday, October 12, 2012

How a Programmable Thermostat Can Save You Money

Miami Home InsuranceThere are hundreds of ways that you can customize your home to make it more energy efficient. By installing advanced tech items in your home, for example, you can achieve serious savings on your utility bills every month. Consider that the average homeowner spends about $2,200 dollars on heating and cooling every year, and yet a basic programmable thermostat can be picked up at the local hardware or home-improvement store for around $25.

Installing a programmable thermostat in your home can even save you enough money over the course of a year to pay for a good chunk of your Miami home insurance. According to the EPA and the EnergyStar program, “Homeowners can save about $180 a year by properly setting their programmable thermostats and maintaining those settings.” If you spend a considerable amount of time away from the home during the week, these savings can be even higher.

Keep in mind, simply installing the unit won’t result in savings. You have to program it correctly to take advantage of the ability to control the interior temperature of your home when you are away. This can be most effective in households that are vacant for a good portion of the day. If you have a schedule that has you out of the home from 8 am to 5 pm every weekday, you can program your thermostat to allow the home to reach 78 to 80 degrees during the time you are away and then return it to 72 about 30 minutes before you arrive home. You still enjoy the comfort of returning to a cool house without having to run the air conditioner for 8 hours in your absence. At an average cost of about $1.20 an hour, this can save you almost $10 a day during the summer.

The same savings can be had during the winter by programming your thermostat to turn on the furnace 30 minutes before you get home from work. There is no need to heat the home when you aren’t in it. As long as you keep the home at a temperature of 60 degrees or above when you are gone, 30 minutes should be long enough to allow your home to heat up to a comfortable level. For more questions, feel free to contact an agent at Allstar Direct Insurance today.

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