Smart thermostats can help you save money on your energy bill in a number of ways. You can save almost $200 a year alone by just programming your thermostat correctly. Research conducted by ecobee, found that smart thermostat users can save as much as 23% on their heating and cooling costs.[2] With these kinds of savings, you can pay for the entire purchase price of a new smart thermostat in less than a year or two.[1]There’s also features the “eco” or “auto home/away” settings on many of these new devices. These features help you save considerable energy when you’re not home by automatically raising or lowering the temperature based on the ambient conditions outside. There is also the convenience factor. Have you ever let the AC or heater run solely because it was too inconvenient to get up and adjust it? With your smart thermostat controls accessible right in your phone, you can change the thermostat temperature from wherever you are.