You could save 10-30% on your monthly electric bill by using a smart home connected products. Smart homes features include HVAC automation, Security automation, curtains/blinds and lighting. Smart grid technology uses a wireless thermostat. These gadgets (examples below) are connected to the home network with thermostats and smart meters. By connecting with the electric grid, smart meters can act on real-time pricing to change home energy usage patterns, like adjusting the air conditioner during times of high prices. Examples of smart home gadgets are Google (Nest Thermostats; Smoke + CO Monitoring), Samsung (SmartThings) and Apple (Homekit).
Smart homes use wi-fi or blue-tooth to control, optimize and automate temperature and lighting. Smart home technology also incorporates security and entertainment but with cyber crimes on the increase, it may not be worth the investment to incorporate your home security quite yet.