What is a Programmable Thermostat?

A programmable thermostat helps make it easy for you to save by offering pre-programmed settings to regulate your home's temperature in both summer and winter — when you are asleep or away. Homeowners can save about $180 a year by properly setting their programmable thermostats and maintaining those settings. For every 2 degrees F that you lower your thermostat in the winter, for example, can save 4% on your utility bills. The key is to establish a program that automatically reduces heating and cooling in your home when you don't need as much. Costs for a programmable thermostat range from $30 to $250 and are fairly simple to install yourself. This upfront cost is usually offset by the savings in the first year or two.