8 Energy-Efficient IoT Gadgets That Will Save You Money

Is your electricity bill increasing every month? Is it possible that you need to spend more money to power all the appliances and appliances in your home? Many homeowners are frustrated when their electric and gas bills skyrocket during extreme weather conditions. Smart internet-connected devices or IoT gadgets can give you more control over how your home's energy is used. With just a few inexpensive upgrades, you can achieve significant energy savings. The good news is that you can use some simple solutions to reduce energy consumption without sacrificing comfort or convenience. Can you read our blog post? In it, we look at 8 of the most energy efficient IoT devices that can help you cut costs quickly.

So, let's get started!

How much money can you save?

Intelligent optimization can reduce annual costs by 20-30% or more. Imagine having an extra $400-$600 in your wallet yearly. The right IoT products make energy conservation simple and automated. Once set up correctly, you'll barely notice what's happening behind the scenes. Your home will become greener and cheaper to operate, almost like magic.

Now, let's move on to money-saving gadgets:

1. Smart Thermostat

Adjusting the temperature settings in your home is one of the best ways to improve energy efficiency. Traditional thermostats are inefficient because while you're working or sleeping, the temperature often gets cooler or warmer than necessary. Brands like Nest, Ecobee, and Emerson make smart thermostats with convenient features like remote access. Smart thermostats can save a home 10-30% on a home's HVAC energy needs. They quickly pay for themselves through savings in operating costs. When travelling, you can also enjoy the convenience of changing the temperature remotely using your smartphone.

2. Intelligent lighting

Lighting accounts for approximately 12% of household energy consumption. The bright side — no pun intended — is that intelligent light bulbs and switches can quickly reduce lighting needs. Bright light switches like the Lutron Caseta and Leviton Decora replaces conventional switches. They connect to app-controlled light bulbs such as Philips Hue and Lifx for automation. Bright lighting ensures lights stay off when not needed, reducing consumption. Automatic adjustment is much more convenient than manual toggle switches.

3. Smart plug

Did you know many appliances and electronic devices still consume energy when turned off or inactive? TVs, chargers, coffee makers and other devices use standby power 24/7. This is where smart plugs come into play! Brands such as WeMo, TP-Link Kasa, and Amazon Smart Plug make connected plugs that allow users to control their smartphone outlets. Use smart plugs to proactively manage power in entertainment centres, kitchens, home offices and other hot spots. When you leave, turn off the decorative lights. Reduce vampire standby power consumption of various chargers and devices.

4. Intelligent water leak detector

Well, water leak detectors are not an energy-saving trick per se. However, they are IoT gadgets that can prevent catastrophic damage, indirectly saving you money. Even a small, undetected leak under a sink or appliance can leak hundreds of gallons. Brands such as Honeywell Lyric, Roost, and Fibaro make intelligent water leak sensors. These sensors continuously monitor problem areas where water damage may occur. You will receive an immediate notification on your smartphone at the first sign of moisture. I get alerts about water leaks when I leave, which is reassuring. Quick response prevents flooding, significantly reducing repair costs.

5. Smart garage door opener

Internet-connected garage door openers only became available a few years ago. Bottle openers like the Chamberlain MyQ now have built-in WiFi, enabling apps and voice control. What does my garage door have to do with saving energy? When you open your garage, air moves between rooms, affecting the temperature regulation inside. Knowing the exact status always provides security, even if the door is closed. The MyQ system integrates bright lighting that automatically switches off when the garage is closed for the night.

6. Smart ceiling fan

Here's an often-overlooked way to leverage the Internet of Things: an intelligent ceiling fan with built-in lighting and remote control! Brands like Hunter and Big Ass Fans (yes, that's their real name) now offer app-controlled ceiling fans and light combos. Ceiling fans circulate air, making the room feel 1.5°C cooler in summer, allowing for a warmer set temperature. A similar increase in heating efficiency can be achieved with a spring/fall setup. Smart fans take the guesswork out of manually controlling the blades. Lighting accounts for 12% of a home's energy consumption, so intelligent bulbs in your fans can save even more energy.

7. Smart door lock

Smart locks like the August WiFi Smart Lock offer virtual keys for remote access control via your smartphone. So, where is the potential for energy savings? Smart lock service professionals, such as pet owners, house cleaners, HVAC technicians, etc., will be at home while you are away. Smart locks allow you to plan your travel routes ideally instead of wasting money on unnecessary overtime cooling/heating.

8. Intelligent nozzle control

Did you know that over 50% of household water use during the summer is used for lawn/garden watering? The shocking reality is that much of precious water is wasted through inefficient sprinkler systems and timers. Advanced weather adjustment technology adjusts watering schedules per square foot based on local weather forecasts. This prevents over- and under-watering, saving a lot of water. Conserving water prevents money from being wasted in two ways. First, municipal water bills decrease when water usage drops by 30-50%.

Start saving today.

You now understand why upgrading to intelligent, energy efficient IoT devices makes enormous financial sense. Newer home automation technology can pay for itself quickly and save you money for years. We've only scratched the surface of the possibilities! Other emerging innovations include bright curtains, Petnet brilliant pet bowls, air quality monitors, and energy-tracking dashboards. As IoT technology inevitably becomes cheaper, it will become easier to reduce home energy costs through intelligent automation.