Definition: A Wi-Fi enabled device that automatically adjusts heating and cooling temperature settings for optimal performance.
Relevance to home energy efficiency: Smart thermostats learn from your behaviors, allow you to control the climate in your home remotely, and can significantly reduce energy usage.
Benefits:
Drawbacks:
Statistics: The U.S. Environmental Protection Agency estimates that homes using smart thermostats can save up to 8% on heating and cooling costs, or about $50 per year on utility bills.