Check utility rebates to offset the purchase cost

Many utility companies offer rebates of $50-100 for purchasing a qualifying smart thermostat. Some utilities provide smart thermostats for free or at deep discounts through energy efficiency programs. Check your utility's website before purchasing.

Why It Works

Utilities benefit from reduced peak demand and offer rebates to encourage adoption. A $75 rebate on a $130 thermostat brings the net cost to $55 — an investment that pays for itself in 2-3 months of energy savings.

Tips

• Search "[your utility name] smart thermostat rebate" to find current offers
• The ENERGY STAR rebate finder tool lists programs by zip code
• Some programs require you to allow the utility to make minor temperature adjustments during peak demand in exchange for a free thermostat
• Keep your purchase receipt — most rebates require proof of purchase and installation