4 Ways a Smart Home Can Save You Money

Easy steps you can take to make your home smarter and more energy efficient

Over the course of the last several months, hundreds of millions of people have sheltered in place as governments issue executive orders to help slow the spread of the coronavirus (COVID-19). As a result, many homes are becoming a fortress against the virus, a makeshift school, an office outpost and a daycare facility. As summer approaches and homeowners continue to spend more time at home with the air conditioner and the lights on, they are looking for ways to optimize the efficiency of their homes.

The typical U.S. family spends at least $2,200 a year on home utility bills, according to the U.S. Department of Energy. On average, that’s 7% of a consumer’s annual income. Utilities that used to be considered “optional,” such as Internet and mobile phone service, are now considered essential during the coronavirus era, adding additional expense to a family’s monthly budget.

So where can a homeowner look to cut back?

When thinking of a smart home, some people might just think of cool, connected gadgets that make life easier or more convenient. However, many smart-home solutions are becoming part of sustainable living, and they can save you money along the way.