Smart thermostats continue to get “smarter”, integrating new technology at an increasing pace. Over the past three years, the smart thermostat adoption rate in US households has tripled from 4% to 12%. No longer in the early adopter phase, the market for smart thermostats is projected to reach $4.07 billion by the year 2024, registering a compound annual growth rate of nearly 21%. As the general public embraces smart thermostats, more contractors will be needed for installation and service calls, especially in older homers that may not be equipped with C-wires.

The smart thermostat is a stepping-stone for contractors into the “smart home” business, as homeowners often move on to other smart home devices like locks, lights, and voice assistants after starting off with a smart thermostat. Additionally, smart thermostat apps provide a special feature that allows contractors to enter their contact information for the homeowner. Contractors will immediately receive a text message or email alert if there is a problem, keeping the “smart” contractor connected with their smart home customers.

At Geary Pacific, we offer a wide range of smart thermostats from leading manufacturers such as Ecobee, Honeywell, and White-Rodgers. Give your customers the power to transform their home and pick up a connected thermostat from a local Geary Pacific branch today!