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Summary
AI-generatedThe speaker recommends using smart thermostats like Nest to control energy usage in STRs and reduce costs, particularly when properties are vacant between guests. Before using Nest, bills were regularly $400 because guests would turn up the heat in the winter or the AC in the summer and then when they left the settings stayed how they were.
Key insights
Before using smart thermostats, the speaker regularly received $400 hydro bills.
Mistakes to avoid
Not adjusting temperatures between guests leads to unnecessary expense.
Tools & resources
Nesttool
Smart thermostat to automatically adjust temperature.
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial