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Heating and cooling prices are out of control these days. At the beginning of 2022, National Grid customers paid a nearly 10% heating cost. With the continuing conflict in Eastern Europe and skyrocketing inflation, the start of 2023 isn’t looking any better. Many of us feel like we’re constantly opening our wallets to keep our homes comfortable – especially during extreme weather. This is also true for landlords. One way you can take control of your rental property’s heating and cooling costs is by using an auto setback thermostat.
What is an auto setback thermostat?
An auto setback thermostat is a device that automatically lowers the temperature when you’re not home and raises it again when you return. These allow you to set a schedule for your rental property so that you’re not paying to heat or cool an empty building. This simple concept can save you a lot of money on your heating and cooling bills.
How does it work?
Auto thermostats are easy to install and simple to use. They automatically return the temperature to 68 after three hours during heating mode and 76 after three hours during the cooling setting. You don’t have to keep it between 68 and 76 degrees.
Simply set the desired temperature, and the device will adjust accordingly. You can also override the schedule if you need to, which is perfect for different situations. For example, older tenants need a few more degrees in the winter, and you don’t need as much energy for empty units.
What if My Tenants Change the Settings?
Save money with an auto setback thermostat.
That’s the beauty of an auto setback thermostat—it’s tamper-proof. Tenants can’t change the schedule or override the system. You’re in complete control of the temperature, meaning you don’t have to worry about your tenants racking up a huge heating bill.
It’s also an excellent option for homes with children. No one can mess with the settings, so you don’t have to check the temperature and wonder if the tenant’s kids have been playing with the thermostat again.
How much can I save?
The average savings for an auto setback thermostat is 10%. However, this number will be different for each rental property. The size of the structure, the number of units, and how often they’re occupied influence your savings.
Installing an auto thermostat is a great way to take control of your rental property’s energy costs. This simple device can save you a lot of money and is easy to use. An auto setback thermostat is a brilliant solution if you’re looking for ways to save on your heating and cooling bills.
Chicago Controls Thermostats, Inc. is a top provider of auto setback thermostats. We offer a wide variety of models to fit your needs. Contact us today to learn more about our products and how we can help you save 10% or more on your heating and cooling costs.
