Summer temperatures really heat up electric bills. Scott Kreuger from the Home Depot has an idea to save money on your gas and electric bill by installing a programmable thermostat.
Installing a Thermostat
Few hour-long home improvement projects pay yearly cost-savings dividends like replacing your old thermostat with a new programmable - or "automatic setback" - model. When used properly (and depending on the severity of the winters in your area), you could realize a savings of up to $180 on your yearly energy bills.
Programmable thermostats make the best economic sense for every home. However, the steps below can also be followed for installing a manual thermostat.
Quick tip: When shopping for your new thermostat, check the thermostat package to ensure it is compatible with your home's system.
Step One
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Remove Coverplate
1. Turn off the power to your heating and air-conditioning system at the main service panel. Â
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2. Remove the old thermostat cover plate with a screwdriver. Â
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Step Two
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Remove Old Thermostat
1. Unscrew the thermostat mounting screws and remove the thermostat body. Â
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2. Label the low-voltage wires to identify their screw-terminal locations using masking tape and then disconnect the wires. Â
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3. Remove the thermostat base by loosening the mounting screws. Tape the wires to the wall to prevent them from slipping into the wall cavity. Â
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Step Three
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Install New Thermostat
1. Thread the low-voltage wires through the base of the new thermostat and mount the thermostat base on the wall using the screws included with the thermostat. Â
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2. Connect the low-voltage wires to the appropriate screw terminals on the thermostat base following the installation diagram in the new thermostat's owner's manual. Â
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 Optional: Locate the low-voltage transformer that powers the thermostat. The transformer is usually located near the heating and air-conditioning system or inside of a furnace access panel. Tighten any loose wire connections and make sure the wires and sheathing are in good condition. Â
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3. Install the battery or batteries in the thermostat body (if applicable), and attach the body to the thermostat base. Â
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4. Restore power to your heating/cooling system, then program the thermostat according to the manufacturer's instructions. Â
If you want a step by step guide from The Home Depot, click here.