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 it’s crucial that you know.

FreeSmartThermostat1

Why Do Power Companies Offer Free Smart Thermostats?

How Does It Work?

Google alsomaintains a databaseof all the utilities that offer rebates, discounts, and rewards for Nest thermostat users.

An example , showing a utility giveaway.

Consumers Energy

While some utilities retain this requirement, it’s less common than it was years ago.

simply because the Nest is so well known.

Related:Can Power Companies Remotely Adjust Your Smart Thermostat?

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The ecobee SmartThermostat makes scheduling off-peak times and automatically adjusting your thermostat for comfort a breeze.

The concept is the same across the board, though.

But if you read the fine print for the programs, it’s pretty tame.

If you enroll in such a program, we’d recommend consideringsupercooling your home at night.

It’s also worth noting that purchasing a new thermostat isn’t required for time-of-use programs.

With the combined savings, you could get the basicGoogle NestorAmazon Smart Thermostatfor free.

The ecobee SmartThermostat makes scheduling off-peak times and automatically adjusting your thermostat for comfort a breeze.