Starting your new smart home is a fun and exciting investment. Like all investments, there is an upfront cost. However these costs are sure to save you money in the future. Consider these facts....
1. Purchasing a new Nest thermostat can cost as little as $129 (less after energy rebates). Smart thermostats can save you 10%-12% on your heating bill and up to 15% on your cooling bill. So in time, these products will pay for themselves in energy savings. Not only are you saving money but you are helping the environment as well.
2. Installing new LED light bulbs in your home, smart bulbs or not, can save you significant cash. New LED bulbs can last on average 25,000-50,000 hours or approximately 13-20 years based on your usage and estimated averages. Traditional incandescent bulbs will only last approximately 1,000-2,000 hours or about 1.5 years. LED bulbs do not only use less energy than traditional bulbs, but last significantly longer. You'll quickly notice savings in energy costs AND the number of times you'll be replacing your bulbs.
3. Installing smart security cameras can protect your home against future break-ins, saving you money in insurance costs and home repairs. Home security cameras can also provide the ability to alert you or police if unwanted guests are in your home, OR can deter burglars all together at just the sight of a security camera. Some insurance companies will also offer discounts of up to 6% on your home owners insurance if you install a qualified home security camera.
Sources https://nest.com/thermostats/real-savings/ https://www.bulbs.com/learning/ledfaq.aspx https://www.usatoday.com/story/news/nation-now/2013/12/27/incandescent-light-bulbs-phaseout-leds/4217009/