Nest is attempting to modernize the home thermostat. With different technologies working together, consumers have more control over the environment of their homes. It’s important to realize that any aspect of a home could theoretically be improved upon. To assume that getting any old thermostat is sufficient could be a costly mistake in the long run. Nest is attempting to be a leader in technology for smart homes. Their thermostat has been a flagship item along with their cameras in luring consumers to buy into their suite of digital home upgrades.
Many utility companies offer financial incentives to use technologies that make energy usage more efficient. Nest Thermostats tend to qualify for rebates offered by power and gas companies, allowing for both immediate and long term savings. While the initial cost of a Nest Thermostat can be considered pricey, the company tries to emphasize the long term financial benefits of purchasing this product. Money could be saved by adopting a number of practices via the app. If the occupants of a property know they won’t be in the house while it’s the middle of Winter, they can make the home just warm enough to ensure that the pipes don’t freeze. In the summer, they can afford to let the home warm up more, creating less stress on the AC unit entirely.
Nest has set up the ability to control their thermostats with smart phones. Given that Nest is a subsidiary of Google, it stands to reason that active development for the Android platform allows for a robust application. A consumer can control the ambient temperature in their home from anywhere in the world. If a family is on vacation, the owner can adjust temperatures to be more efficient given that their home is not occupied at the moment.
One has to consider the possibility that should Nest itself fail as a company, the question arises as to whether there will be legacy support for the platform. A cheap thermostat can theoretically work for years without any significant repairs or replacements. A more complicated device like the Nest Thermostat theoretically runs the risk of becoming unusable if support for the software becomes unavailable for one reason or another. The app will have to be continuously updated in order to remain compatible with smart phone platform updates. Will the next 5 versions of the Android OS be compatible with the Nest suite? Will Nest drop support for older platforms as they work to keep up with newer versions? Only time will tell.