I was trying to figure out the best sub forum for this post and I think wall of shame is probably appropriate.
I received a Nest programmable thermostat for Christmas in 2012. Installed that month so starting January 2013 I have (one month less than) two years of statistics.
I've lost money.
Yeah there are a ton of variables to take into account, but the bottom line is I've spent more on electricity in the two years following than I did before I had a nest. First, the excuses!
In 2013 we had 34 days where the temp went over 90 degrees, 164 over 80 degrees. This is important because the bulk of my electrical usage is for AC in the summer months.
In 2014 we had 75 days where the temp went over 90 degrees, 177 over 80 degrees.
In 2015 we had 56 days where the temp went over 90 degrees, 161 over 80 degrees. (minus December)
So you could say its been hotter. June, July, and August are the only months that push us over 1000kwh. In each year for those three months we used:
2013 = 3312
2014 = 3450
2015 = 3554
vs total yearly usage for reference:
2013 = 9259
2014 = 9343
2015 = 9959 (missing Dec, assumed 703kwh based on my previous avgs)
So 25% of the year uses 35%+ of my total yearly electricity.
In 2013 my wife worked more or less full time from what I remember, so two of us would be out of the house for 8 hours, allowing me to actually use the programability of the programmable thermostat to greater effect. In 2014 she started working 4 hours a day. She wasn't into me cranking up the temp in the summer when she was at home doing chores. Who knew? (I would still program it to raise/lower the temp for the 4 hours she was gone, and at night, etc).
Maybe also we became a little more lax on 'putting up with' higher/lower temps in the house. Hard to say there. Maybe we got soft? I don't know that we consciously changed any behaviors that caused the increased usage, so I'll just blame the higher temperature.
Excuse time over. Whats the damage?
If you didn't do the math yourself from above:
2013 vs 2014: 84 more KWH (+$11.70 at today's rates)
2013 vs 2015: 705 more KHW (+$98.27 at today's rates)
Its not the end of the world, but maybe someone that wants to drop $200+ on a fancy t-stat should consider that it might not be the magic bullet to lowering your electricity bill. It hasn't even paid for itself.
Your mileage may vary.
Note on temperature I found interesting:
-Both 2014 and 2015 were colder in the winter and hotter in the summer than 2013. Sometimes as much as 5-6 degrees difference as measured by the power company (avg local temp for the billing period). Except this "winter". Its was 5 degrees warmer this November and I imagine December will be the same. My AC came on YESTERDAY (for all of 15 minutes, if I had known I would have just turned it off). It was 80 on Sunday.