I recently bought a programmable thermostat from my local hardware store for less than $30. I'll preface this by saying I'm not very handy...just determined. I followed the directions and had it replaced in under an hour. My unit had energy star settings pre-programmed; all I had to do was enter in my normal work schedule. $25 and an hour later, I'm on my way to $180 savings per year. That's a 700% return, annually!
Some other easy ways to save big on your heating and cooling bills are to air seal, duct seal, and insulate. Many older houses allow hot and cold air to freely enter & leave your conditioned living space. Not only are you losing the warm or cold air you already paid for, it's also less comfortable. Many states, local municipalities, and utility providers have incentives to make this more cost effective. Like always, don't pull the trigger until you've done your research. Try calling your local government and your utilities to see what they're offering. Another good starting point is the Database of State Incentives for Renewable Energy. If you can do-it-yourself, you might save some money. There are plenty resources available on-line or at your local hardware store.
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