Feb. 2, 2015: Nest Releases Studies Showing Thermostat Energy Savings
Nest Thermostat Saves Average User $131 to $145 Annually
PALO ALTO, Calif. — Nest Labs, Inc. today shared results from three energy-savings studies that indicated, on average, the Nest Learning Thermostat™ saved customers about 10 percent to 12 percent on their heating bills and 15 percent on their cooling bills. This translates to an estimated average savings of $131 to $145 a year, according to the company.
The Nest Learning Thermostat is designed to learn and remember what temperatures the user likes, create a custom schedule for his or her home, and automatically turn itself down when he or she is away. The three studies mark the first large-scale energy-savings research of the Nest Thermostat and demonstrate the energy-savings potential of properly programmed thermostats — a measurement that has been elusive and an area of controversy, the company concedes.