One of the main concerns homeowners have about getting the best smart thermostat is that it will cost them a lot. However, for a standard home with a floor area of 2,000 square foot, the estimated cost of installing this device ranges between $108 and $250. This includes the cost of professional installation and the cost of the unit. The average national cost is $165. The average price of smart thermostat ranges between $15 and $300 depending on the features and the type of the device. Typically, a licensed electrician can set up the unit in less than two hours at an hourly rate that ranges between $65 and $85 for every hour.
You can save more by replacing or installing the unit in your apartment, business, or home by yourself. But you have to have the basic electrical knowledge to do this. Installing this unit should be properly done because improper installation could cause you to spend more. Among the possible consequences of improper installation includes damaging the circuit breaker, blowing the unit or the air conditioning units and electric shock.