Replacing your old thermostat could save the planet and your wallet!
Replacing your old thermostat could save the planet and your wallet!
The built environment sector accounts for roughly 6% of global greenhouse gas emissions yearly. One of the driving factors behind these emissions is inefficient heating and cooling.
Smart thermostats use scheduling and sensors to enhance efficiency and lessen emissions. These thermostats learn our behaviors, schedules, and preferences to boost efficiency.
According to predictions from Project Drawdown, smart thermostats could grow from 3 percent to 55–59 percent of households by 2050, boosting energy efficiency in 1.4–1.5 billion homes. This reduced energy use could avoid 6.91–7.25 gigatons of carbon dioxide equivalent emissions for an investment of US$162.48–181.41 billion.
Smart thermostats can save their owners US$1.79–2.02 trillion on utility bills over the lifetime of the units. Most manufacturers claim that a smart thermostat could reduce your home heating and cooling energy use by at least 10-15% and that the thermostat will pay for itself in energy savings in two years or less.
Companies like Ecobee, Google Nest, Mysa, Emerson Sensi, Vine Thermostat, and many more are helping us be more intentional about our footprint.
With the increased adoption of renewables and growing threats from natural disasters, our power grid faces more pressure than ever. Gridware, a cutting-edge energy company, is stepping up to address these challenges.