Nest wants to save you even more money on heating and cooling

nest solarcity time of savings thermostat lifestyle 7
Programmable thermostats for comfort control and cost efficiency are a wonderful concept but they have a weakness — they’re only as efficient as their programmed settings. The smart-home thermostat category leader Nest Thermostat adds “smarts” to programmable thermostats with sensors, Wi-Fi, and smartphone connections, and the ability to learn your preferences. The Nest Thermostat can also sense when no one’s home and adjust the temperature to save utility costs. A new Nest program will potentially save you even more money with little or no sacrifice in comfort.

Nest announced a new service called Time of Savings. The program’s basic concept is that you agree to let your electric company communicate with Nest. Nest will then know about and take advantage of peak and off-peak rate fluctuations. As your Nest Thermostat learns your preferences it will do its best to match the settings you prefer with your electric company’s rate changes.

Right now the only people who’ll be able to take advantage of Time of Savings are SolarCity customers. Nest is involved in a promotion with SolarCity in which people who buy SolarCity solar panels get a free Nest Thermostat. Sign up with the Time of Service plan and your electric bills could go down.

If you’re not a SolarCity customer, you don’t need to jump too quickly for the Time of Savings program, because so far only the state of California is requiring that energy companies adjust rates based on time of usage, and it doesn’t take effect until 2019, according to ReCode.

While usage-based rate changes and making that information available to customers (two different steps) make a lot of sense from a consumer’s perspective, there may not be much incentive for utility companies. Time will tell if other states adopt the same requirements.

Once the program is set up, however, the advantages could definitely affect your budget. The Nest announcement explains how Time of Savings could work:

So if your thermostat sees that you like to cool things down at noon, but that’s when electricity prices spike, it might start cooling the house at 11:30 when energy’s still cheap. Or it can slightly adjust the temperature when you’re in peak pricing periods — never more than a degree or two — so you can save some cash while staying comfortable.”

Perhaps the biggest leap in smart thermostats, and other smart home appliances, occurs is when you don’t have to program anything yourself because the devices can observe what you do and what you prefer and match that information with data from other sources for your comfort, convenience, safety, and even your budget.

Product Review

4K in home security is finally here, thanks to Arlo’s Ultra UHD smart cam

The 4K home security camera is finally here! Class-leading image clarity and a super-wide field of vision makes Arlo Ultra an early contender for the year’s best smart cam. While there are definite quirks to the device, the device…
Smart Home

SMEG debuts colorful dual-fuel Portofino 48-inch ranges for no-compromise cooks

When SMEG launches new kitchen appliances, you can count on retro-classic design, gorgeous high-end finishes, envy-inducing functional wizardry, and lofty prices. This week SMEG launched its Portofino Dual-Fuel 48-inch Pro-Style Range.
Trash

Our favorite smart thermostats let you stay warm without burning money

The right thermostat can do more than just adjust the temperature of your home, it can also learn about you and help you save money. Check out our picks for the best smart thermostats on the market right now.
Smart Home

Google Home Hub smart display will reportedly be renamed the Google Nest Hub

Insiders reportedly familiar with Google's plans confirmed the Google Home Hub will be rebranded Google Nest Hub. Citing accidental leaks in the Google Store about the Nest Home Max, informed sources suggest a May 7 launch date.
Smart Home

Allergies acting up? The best air purifiers on the market can offer relief

Poor indoor air quality can cause an array of health issues over time. Luckily, these air purifiers can easily rid your home or office of unwanted allergens and contaminants to help you breathe easier when you're indoors.
Smart Home

Ecobee leverages humor in a heated discussion with climate change skeptics

Ecobee cranked up the heat on climate change doubters. In observance of Earth Day, Ecobee and ad agency DCX released video of a social experiment that tested the effectiveness of humor in easing tension during discussions with skeptics.
Smart Home

Miele stuns with wireless probe, self-descaling java pot, and other new products

Miele rocked KBIS 2019 with waves of new appliances and features. The annual Kitchen and Bathroom Industry Show is all about product launches and Miele's appliance reveal was like New York Fashion Week with a single designer.
Deals

Shark, Ecovacs, and Roomba robot vacuums get price cuts for spring

The weather's getting nice again, and we're all emerging from our winter-long hibernation. So it's time once again to also start on that spring cleaning you've been putting off. But who really wants to clean when you'd rather be outside? We…
Smart Home

Echo Plus (1st-gen) vs. Echo Plus (2nd-gen): How exactly do they compare?

Which Echo Plus should you buy? This guide compares the first-generation Echo Plus its latest successor, allowing you to get a better idea regarding the ins and outs of each device.
Smart Home

Making hard-boiled eggs isn’t hard — here’s how to do it perfectly every time

With the help of science or some kitchen gadgets, making hard-boiled eggs can be a little easier. It may not be the hardest task in the world, but a few of these methods are foolproof.
Deals

Amazon and Best Buy smash prices on August smart home security locks

Amazon and Best Buy have the lowest prices for two August smart home door locks during a limited time sale. August was one of the first smart door lock companies designed specifically for smart home convenience and security.
Deals

The best Amazon Prime Day 2019 deals: Everything you need to know

Amazon Prime Day 2019 is still a few months off, but it's never too early to start preparing. We've been taking a look at the best discounts from previous Prime Days to give you our predictions of what to expect this year.
Smart Home

Get baked while you bake with these clever cannabis cooking gadgets

Ready to step up your edibles game? Here are the best cannabis cooking gadgets for your kitchen, from an "Instant Pot" for your cannabutter to the best grinders and decarbing devices on the market. Check out the full list for more.
News

This hybrid tiny home sauna gives hotbox a whole new meaning

Tiny homes seem to come in all shapes and forms these days, and Igluhuts are no exception. While the homes look more like a hobbit might come out of one on the outside, inside, there's a modern and sleek look aimed at relaxation and…