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Kiplinger
Kiplinger
Business
Kathryn Pomroy

Can a NEST Smart Thermostat Save You Money?

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A scorching summer is underway, with 2024 ramping up to be the hottest year on record. As you scramble to find ways to temper rising costs, a NEST smart thermostat and other smart thermostats can be a good way to save you money on your electric bills.

Residential customers' electricity bills are estimated to average $173 per month this summer, up from $168 last year, according to the most-recent estimates from the Energy Information Administration. 

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