20 Smart Home Investments That Save You Money

These smart home upgrades may cost a little upfront but pay off in long-term savings and convenience.

  • Daisy Montero
  • 5 min read
20 Smart Home Investments That Save You Money
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Your home could be saving you money without you lifting a finger. Smart technology handles the little things: adjusting the temperature, turning off forgotten lights, and catching leaks before they drain your wallet. Some pay off over time, while others start working the moment you set them up.

1. Smart Thermostat

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A smart thermostat learns your schedule and adjusts the temperature automatically, so you won’t have to heat or cool an empty home. Some models even track energy use and suggest ways to save more. This small change can lead to big savings on your utility bill. 

2. LED Smart Bulbs

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Traditional bulbs burn through electricity, but LED smart bulbs last longer and use less power. You can control them with your phone, set timers, and even dim them without a special switch. Less wasted energy means lower bills and fewer bulb replacements.

3. Smart Power Strips

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Many devices keep pulling power even when turned off, adding to your electric bill. Smart power strips automatically cut off power to idle electronics, so you’re not paying for wasted energy. It’s a simple switch that pays for itself over time. 

4. Water Leak Detector

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A small leak can become a big, expensive mess if unnoticed. Smart leak detectors send alerts to your phone the second they sense moisture, helping you catch problems early. Fixing a minor leak is much cheaper than dealing with major water damage. 

5. Smart Plugs

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Smart plugs let you schedule when appliances turn on and off, cutting down on wasted electricity. You can even control them remotely, so you never have to worry about leaving something on. It’s an easy way to make your home more energy-efficient without replacing everything. 

6. Smart Irrigation System

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Overwatering wastes water and money, but a smart irrigation system knows exactly when and how much your lawn needs. It adjusts based on weather conditions, so you’re not watering in the rain. A healthier lawn and lower water bills? That’s a win-win. 

7. Energy Monitoring Systems

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An energy monitoring system shows you exactly how much power your home uses and where it’s being wasted. Some models even suggest changes that can help lower your bill. Knowing where your money is going makes it easier to cut unnecessary costs. 

8. Smart Blinds

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Sunlight can heat your home fast, making your air conditioner work overtime. Smart blinds automatically adjust throughout the day to block heat or keep warmth, depending on the season. Less strain on your HVAC system means lower energy bills all year long. 

9. Smart Ceiling Fans

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A smart ceiling fan works with your thermostat to circulate air efficiently, reducing the need for constant AC use. It automatically adjusts speed based on room temperature, keeping you comfortable without overusing energy. Running a fan costs way less than cranking up the air conditioning. 

10. Smart Door Locks

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Lost keys and forgotten codes can lead to expensive locksmith visits or rekeying costs. Smart locks let you control access remotely and assign temporary codes when needed. It’s security and convenience in one simple upgrade. 

11. Smart Security Cameras

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Many security cameras now let you monitor your home without expensive subscriptions. Smart models send alerts, record footage, and even integrate with other smart devices. More security and less worry, all while saving money. 

12. Smart Smoke & Carbon Monoxide Detectors

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A smart smoke detector alerts you instantly if there’s danger, even when you’re not home. Some even pinpoint the exact location of smoke or carbon monoxide. Early warnings can save lives and prevent expensive fire damage. 

13. Smart Garage Door Opener

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Leaving your garage door open by accident isn’t just a security risk; it lets out heated or cooled air. A smart opener alerts you when it is left open and lets you close it remotely. That means better security and lower energy costs. 

14. Smart Refrigerators

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Smart refrigerators help you track expiration dates, reduce food waste, and even adjust cooling to save energy. Some models even remind you to close the door if it’s left open. Less spoiled food means less money thrown away. 

15. Smart Washing Machines

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A smart washer automatically adjusts water levels based on the size of your load, so you’re not wasting water on half-full cycles. Some models even choose the best settings to reduce energy use: clean clothes, lower bills, and less impact on the environment. 

16. Smart Ovens

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Smart ovens preheat faster, adjust cooking times, and even shut off automatically to avoid wasting energy. Some can be controlled remotely, so you’re not running the oven longer than needed. You can have perfectly cooked meals without the extra cost. 

17. Smart Dishwashers

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Old dishwashers waste a lot of water, but smart models sense how dirty the dishes are and adjust water usage accordingly. They also run quieter and more efficiently. That means spotless dishes with less energy and water waste. 

18. Smart Vacuum Cleaners

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A smart vacuum cleans your home while you’re doing something else or nothing at all. Many models map your space and learn where to focus, making cleaning more efficient. Less work for you and fewer costly deep cleans down the road. 

19. Smart Speakers with Voice Control

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Smart speakers do more than play music; they help control lights, thermostats, and appliances with voice commands. You can set routines that automatically adjust devices to save energy. Hands-free convenience that helps lower your bills. 

20. Home Automation Hubs

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A home automation hub connects all your smart devices to work together more efficiently. Your thermostat, lights, and security system can adjust automatically based on your routine. The more devices you connect, the more money you save. 

Written by: Daisy Montero

Daisy began her career as a ghost content editor before discovering her true passion for writing. After two years, she transitioned to creating her own content, focusing on news and press releases. In her free time, Daisy enjoys cooking and experimenting with new recipes from her favorite cookbooks to share with friends and family.

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