What is a Smart Thermostat and how does it work?
A Smart Thermostat refers to the Honeywell touch-screen programmable thermostat being used for the PeakRewardsâ„ program. It can be programmed for four separate time periods each day with various settings for weekdays and weekends. Using a Smart Thermostat can help you save up to 15% each year in energy costs versus a non-programmable thermostat. Savings vary and 15% is based on an average of $180 savings per year. Click here to read user manual. The model of thermostat used for PeakRewardsâ„ has additional functionality, which allows BGE to communicate remotely with it during periods of peak demand. During periods of high electricity use in the Mid-Atlantic region, typically during the summer months, a radio signal may be sent to the Smart Thermostat to interrupt the flow of electricity to the compressor on your air conditioner or heat pump for a period of time each hour. This is called cycling. Only electricity to the compressor is interrupted. The indoor fan will continue to run as pr