Nest Thermostat – pretty toy or useful device?
If you’re considering the purchase of a Nest or any other smart thermostat you’re likely faced with a few questions the first of which is questioning the value received vs. cost to purchase.
Nest’s sleek appearance and design will fit in well or improve the look of any home the question is will it save me money or when can I expect to recoup my initial investment. The idea is through artificial intelligence and data you provide the Nest will learn your patterns and predictively respond and therefore improve energy consumption and power efficiency. The ease of use, the reliability of operation, the convenience provided by the device or the integration opportunities with other smart home technologies can not be questioned. Nest estimates the average home energy savings to be on the order of $131-145 per year. Assuming this to be accurate that means the initial cost for a Nest thermostat will pay for itself inside of two years even without energy rebates, which are offered a couple of times per year.
While the smart thermostat is getting increasingly crowded Nest remains the market leader over 7 years later and with the power of Google behind them this is not likely to change. Nest maintains this advantage by being exactly what you would want from a smart thermostat…a set and forget device that doesn’t over complicate cooling and heating your home.
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