Nest can pay for itself within two years, says Nest<article>
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How long does it take for Nest's Learning Thermostat to pay for itself? According to Nest, the average user should cross into the black in less than two years.</p><p>
Nest (which is owned by Google) is basing that estimate on its own internal study as well as on two independent ones, all of which found roughly 10 percent to 12 percent energy savings on heating, and around 15 percent electricity savings on cooling. On average, Nest estimated savings of $131 to $145 per year. The thermostat sells for $250.</p><p>
Nest's own study looked at 735 homes for gas usage and 624 homes for electric usage, comparing usage before and after people installed Nest. An independent pilot program in Oregon measured Nest energy savings among heat pump users, while another program from an Indiana utility provider measured both gas and electric users. In each study, Nest showed consistent savings over non-programmable thermostats, and even outperformed programmable ones in most cases.</p><p class="jumpTag"><a href="/article/2877988/nest-can-pay-for-itself-within-two-years-says-nest.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>
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Nest can pay for itself within two years, says Nest
