A. Either one will save energy (and money). The timer only allows the pump to turn on at certain times. So if you only need hot water in the morning, you could set the timer for 6am to 8am. Then the pump would only recirculate the hot water during that time. The thermostat turns off the pump when the water in the pipes reaches a certain temperature. So once the water in the pipe is hot, the pump turns off. When the timer and thermostatic controls are installed together, in series, the circulator operates ONLY at the preset clock times specified by the user AND ONLY when the temperature conditions of the thermostat are met. That is, if either the timer control or the thermostatic control switch is open (off), the circulator will not operate.