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Does Every Home Need a Smart Thermostat?

In: Tech

It’s no secret that technology has made our lives easier and more efficient. From smartphones to smart TVs, countless devices make our lives easier – and a smart thermostat is one of them. If you’re not familiar with the term, a smart thermostat is a device that allows you to control your home’s temperature from your phone or other electronic devices.

A new survey shows that 16% of people don’t have a smart thermostat even though 61% of those who do own one think “every home should have one.” This article will tell you why this may be so, what factors affect consumers’ buying decisions, and whether every home needs one.

Factors affect the buying decisions of consumers

Are you in the market for a new smart thermostat? If so, you’re likely weighing a few different factors as you make your decision. So what are some of the most important things to consider when shopping for a smart thermostat? Keep reading to find out! 

1) Price

According to the survey, price is a deciding factor in whether or not a consumer purchases a smart thermostat. This makes sense because most smart thermostats are between $130 and $250, which is the same as a more traditional thermostat. This tells us that price may be a more significant factor than consumers think since 16% of people are not purchasing them even though they are within the price range of people who do have one. In addition, almost half of those without a smart thermostat said it’s because they can’t afford one.

2) Comfort in using new technology 

Some consumers are hesitant to buy smart thermostats because they don’t understand how it works or is concerned about losing their job. This tells us that many consumers may not yet be ready to introduce new technology into their homes.

3) Lack of information 

People do not have enough information about smart thermostats thus they don’t have one. It tells us that companies may need to find better ways to inform consumers about their products and improve their lives.

4) Technical difficulties

If people don’t know about the technical terms of a smart thermostat, they will not have one. This tells us that companies must do more to make smart thermostats more technologically advanced, making them easy for consumers to use and understand.

5) Lack of knowledge about smart thermostats 

The lack of complete information can lead to not having a smart thermostat in every home. This tells us that companies need to do more advertising and branding to get their products out there. Many consumers may not know about them or never even thought they needed one.

Why should every home have a smart thermostat?

A smart thermostat is a helpful tool that can learn your routine and adjust accordingly to help you save money. People who are building homes or planning renovations may be interested in installing one, while older homes may not have the capabilities to make it work. This is where the new technology comes into play. Companies may be able to develop new products compatible with older homes. This way, everyone can enjoy the benefits of smart thermostats.

Below are some of the benefits of having a smart thermostat in your home:

1) Smart thermostats allow you to save money

Smart thermostats can help consumers regulate heating and cooling, allowing them to adjust their thermostats while away to save money on energy costs. However, this can add hundreds of dollars a year and interest consumers who constantly pay high heating and cooling bills.

2) Smart thermostats provide an added level of convenience

Smart thermostats give consumers access to their thermostat anywhere with an internet connection. This allows them to adjust it while at work, on vacation, or even if they forget. This added level of convenience may interest consumers who are always on the go.

3) Smart thermostats can help get your home ready for guests

Smart thermostats allow you to make adjustments ahead of time if you’re expecting guests or family members who haven’t been to your home. This way, you’re not wasting energy while visiting and can have a comfortable home for them to enjoy.

4) Smart thermostats are compatible with other smart devices

Smart thermostats can be controlled through an app on your phone, making it easier to manage your home while you’re at work or on vacation. This can be useful for consumers who have other smart devices, such as lights and door locks.

5) Smart thermostats allow you to save energy

Smart Thermostat programs themselves suit your schedule and help you to keep perfect control of the room temperature. This tells us that smart thermostats can help households reduce their energy usage and save money in the long term.


As you can see, there are many benefits to owning a smart thermostat in your home. Companies should continue to develop products that are thoughtfully designed and easy for consumers to use. Consumers should also do their research to determine if they can benefit from having one. If you’re interested in installing one or upgrading your home with this technology, it’s essential to do your research and make sure the product is right for you.

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