Energy Technology Can Save You Money. Here’s how.

It takes a lot of energy — and money — to run our lives. From powering electronics and cooling our homes to running appliances, there are numerous drains on a single household’s energy.

True, it’s possible to make lifestyle adjustments to reduce energy consumption, but we don’t always know when or how to make those changes, nor which changes are the ones that yield the most cost savings.

Enter energy technology. Tech innovation has ushered in exciting ways to make homes more energy efficient than ever before. This is not only good news for the environment but also for your wallet.

Energy technology maximizes energy savings. 

Energy monitors and smart trackers, such as Curb, offer real-time data on your home’s energy consumption.

This technology tracks usage patterns and shares informational snapshots with you so you’re aware of how and — when — you’re using energy. This means you can cut back on what you don’t need, when you don’t need it.

Additionally, these monitors learn your habits, implementing efficient settings that match your household’s behaviors. They can also suggest energy-saving measures, and can even estimate your energy bill. This lets you see the immediate financial impact of your energy use.

In short: Once you know what’s using the most amount of energy in your home, you can take the right actions. And smarter choices lead to less energy consumption and lower monthly bills.

Energy technology optimizes appliance performance.

Because they are closely tracking energy usage in real time, energy monitors are essential at helping you catch an appliance on the fritz or alerting you to high costs of running a pool pump at certain times of day before you receive a surprising and expensive electricity bill.

Not only can you track energy usage no matter where you are — from home, the office, even while on vacation — but you can also monitor the efficiency of your appliances with appliance detection features.

This allows you to put a stop to an unexpected and pricey energy drain so it doesn’t go unchecked.

Energy technology minimizes vampire power.

According to the National Resources Defense Council, American consumers spend $19 billion annually on “vampire energy:” inactive devices like a cable box set to on 24 hours a day, or appliances that drain power even when they’re not in use.

Smart outlets help avoid the energy suck of this phantom power. They automatically detect when devices (laptops, tablets, phones, smart TVs) are in standby mode, and they cut off power to them.

When it comes to cost savings, smart outlets go a long way. The American Council for an Energy Efficient Economy reports the energy expenditure of non-essential appliances adds up to 20 percent of a home’s total energy use. Converting to smart outlets helps you greatly reduce this expenditure.

Energy technology gives you precise control.

Perhaps one of the greatest cost-savings benefits of energy technology is the ability to control your energy output — everything from room temperature to lighting — with the tap of a button.

Most smart thermostats are enabled with Wi-Fi so that you can maintain optimum temperature levels in your home from anywhere. Instead of having your HVAC constantly running, you can set it to adjust the temperature according to your schedule so it heats and cools your home more efficiently.

The same is true with smart lighting. Using an app, you can turn lights on or off, dim them, or set them to a schedule. By allowing you fine-tuned control over your energy use, these types of technology can help you see significant savings in your home’s total energy costs.

Ready to Save Money? 

The key to energy savings is smart technology. Contact us at Elevation to get more information on how we can help you make your home more energy efficient.