UTILITIES ENCOURAGE ENERGY SAVINGS WITH SMART THERMOSTATS
As temperatures drop and winter looms, homeowners and property managers are sweeping chimneys, insulating pipes and swapping screens for storm windows.
They’re also going beyond traditional winterizing by installing smart thermostats and home energy monitors aiming to lower utility bills.
Smart thermostats — which let consumers adjust their home temperatures remotely using any internet-connected device — are among the most popular smart home technologies, generating $1.3 billion in sales globally in 2017, according to Navigant Research. Some models use geofencing technology and multiple sensors placed throughout the house to adjust temperatures in individual rooms when a resident walks in, maximizing comfort and efficiency.