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Cut Utility Costs And Save Energy By Installing These Smart Home Products

Installing smart home technology in your house can help you reduce utility bills as you save energy and the environment. Best of all, there are many super-simple ways to do it.

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The advantages of using smart home products are numerous. Yes, they do have upfront costs. But over time, they more than pay for themselves via savings and convenience.

What Is a Smart Home Product? 

Smart home devices make it easier to control and adjust certain functions in your home without the need to do it manually. They focus on comfort, convenience, and efficiency. 

In some cases, smart home products are electronics that have Wi-Fi connectivity. You can control them via a mobile device like your phone, or via a voice-activated product. 

According to one study, the home automation system market could be worth almost $80 billion by 2022. In other words, the popularity of smart products is booming and shows no signs of slowing down.



The Benefits of Smart Home Products

While smart technologies can make life easier, they can also make it more affordable. By reducing energy use, many smart product owners see reductions in their energy bills.

Beyond lower monthly expenses, smart products can boost your bottom line in the future. If your home is outfitted with smart technology, it can be a strong selling point for potential buyers. In fact, a Coldwell Banker survey found that over 75 percent of homebuyers would pay more for a home with smart features.

Lastly, smart devices can yield discounts on your homeowners insurance. When you add smart products to your home (including those that deal with security), contact your insurer. You may see your premium go down.

Examples of Cost-Cutting and Energy-Saving Smart Products

Now that you see the benefits smart technology can provide, let’s take a closer look at several of its products that you can add to your home.

Smart Power Strips

If a product is not actively being used, a smart power strip will prevent it from using energy. According to the National Renewable Energy Laboratory, you can save a whopping $200 per year with these strips installed in your home.




Smart Thermostats

Your home probably doesn’t need to stay at the same temperature when you’re not home. With a smart thermostat, you can program a schedule to optimize heating and cooling for comfort and cost. 

How much can you save with a smart thermostat? According to Ecobee, you can save 23 percent on your annual cooling and heating costs by having their thermostat installed.

Smart Light Bulbs

You’ve probably forgotten to turn off the lights at least once in your house. With smart light bulbs, you can control them via a mobile device. 

Some smart light bulbs can dim according to your liking and even change color or synchronize to music, making them ideal for entertaining too.

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DO YOU NEED FINANCIAL ASSISTANCE

Stop! If you need financial assistance such as money to pay bills, a personal loan, or debt relief. See what resources are available to help you today.

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Smart Shower Heads

There’s no need to waste so much water as you wait for your shower to heat up. Install a smart shower head, and you’ll combat that issue. 

Depending on the model, you can also have a shower head that adjusts the water flow according to where you are standing.

Smart Sprinklers

Watering your lawn based on local weather can make your irrigation efforts more efficient. That’s what smart sprinklers can do, while also aiming to reduce leaks that can throw your dollars down the drain.

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