The cost of a smart thermostat certainly weighs into the decision to get one. But in many areas, power companies will give you one for a steep discount or even for free. Here’s what you need to know.
Why Do Power Companies Offer Free Smart Thermostats?
There is a long history of utility companies incentivizing energy-saving measures dating back to well before the advent of smart thermostats. Since the energy crisis of the 1970s, there have been various programs to encourage consumers to use energy more efficiently, decrease demands on the grid, and so forth.
These initiatives have included everything from giving away programmable thermostats to using on-peak/off-peak pricing schedules to even sending teams out to giving free energy audits to help people increase the insulation and energy efficiency of their homes.
The current trend of offering free or steeply discounted smart thermostats is simply an extension of that general mission, updated for the 21st century.
How Does It Work?
We can hardly blame you for having a “There’s no such thing as a free lunch” take when somebody tells you something is free.
In the case of the free…
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