15 Tech Products That Pay for Themselves in Energy Savings
These 15 products cost money upfront but save more than their purchase price in electricity, water, or fuel within 1-2 years.
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Some tech purchases aren't expenses — they're investments that return their cost in lower utility bills. We calculated the payback period for 15 products based on average US energy costs. Every product on this list pays for itself within 24 months.
Smart Thermostats (Payback: 6-12 Months)
1. Ecobee Smart Thermostat Premium
The ecobee Smart Thermostat Premium ($220) saves an average of 23% on heating and cooling bills according to EPA estimates. For a household spending $200/month on HVAC, that's $552/year in savings — paying for itself in under 5 months.
2. Google Nest Learning Thermostat (4th Gen)
The Google Nest Learning Thermostat ($280) learns your schedule and adjusts automatically. Independent studies show 10-15% heating savings and 15% cooling savings.
Read our smart thermostat guide →
Smart Power Management (Payback: 8-18 Months)
3. TP-Link Kasa Smart Plug (4-Pack)
The TP-Link Kasa Smart Plug ($25 for 4) eliminates phantom power draw from devices in standby. A typical home wastes $100-200/year on phantom loads from TVs, game consoles, chargers, and coffee makers. Four smart plugs on the worst offenders can save $60-100/year.
4. Kill A Watt Electricity Monitor
The Kill A Watt Electricity Monitor ($23) isn't a smart device — it's a diagnostic tool. Plug it into any outlet to measure exactly how much electricity a device uses. Identifying your phantom power hogs is the first step to eliminating waste. Most users find $50-100/year in unnecessary power consumption.
5. Smart LED Bulbs (Whole Home)
Switching to Philips Hue White LED Bulbs saves energy in two ways: LEDs use 75% less electricity than incandescents, and smart scheduling ensures lights aren't on when no one's home. A household of 30 bulbs saves roughly $150-200/year.
Water and Climate (Payback: 6-14 Months)
6. Smart Sprinkler Controller
The Rachio 3 Smart Sprinkler Controller ($180) uses weather data to skip watering when it's going to rain and adjusts schedules seasonally. Average water savings of 30-50%, which translates to $200-400/year for homes with irrigation systems.
7. Low-Flow Smart Shower Head
The Hai Smart Shower Head ($99) tracks water usage and temperature, encouraging shorter showers and optimal water flow. It reduces water usage by 30% while maintaining pressure. For a family of four, annual water heating savings alone exceed $100.
Computing and Charging (Payback: 12-18 Months)
8. GaN USB-C Charger (Replaces Multiple Chargers)
The Anker Prime 100W GaN Charger ($56) replaces 2-3 separate chargers. GaN chargers are 90%+ efficient vs. 80% for old silicon chargers, and eliminating redundant chargers reduces phantom load. Savings are modest ($20-30/year) but the convenience is enormous.
9. Smart Power Strip
The Kasa Smart WiFi Power Strip ($30) with individually controllable outlets lets you shut down your entire entertainment center or desk setup with one command. No more leaving your TV, soundbar, game console, and streaming stick in standby 20 hours a day.
Appliances (Payback: 12-24 Months)
10. Energy Star Certified Smart Plug + Old Dehumidifier
A TP-Link Kasa Smart Plug ($7) with scheduling on your dehumidifier prevents it from running 24/7. Running a dehumidifier only when humidity exceeds 60% (detected by a $15 smart sensor) saves $50-80/year in electricity.
11. Programmable EV Charger (If Applicable)
The ChargePoint Home Flex ($600) schedules EV charging during off-peak electricity hours. If your utility has time-of-use rates, charging at night vs. afternoon can save $0.10-0.20 per kWh — $300-600/year for the average EV driver.
12. Smart Ceiling Fan Controller
The Bond Bridge Pro ($100) adds smart control to existing ceiling fans. Using a ceiling fan lets you raise the thermostat setting by 4 degrees without feeling warmer, saving 4-8% on cooling costs. Smart scheduling ensures the fan only runs when the room is occupied.
Passive Savings Devices (Payback: 12-24 Months)
13. Window Film for Heat Rejection
Gila Titanium Heat Control Window Film ($35 per window) blocks up to 70% of solar heat through windows. For south-facing windows in warm climates, this can reduce cooling costs by 10-15%. Not electronics per se, but a tech solution to an energy problem.
14. Smart Water Leak Detector
The Govee WiFi Water Sensor ($30 for 3) doesn't save energy, but it prevents catastrophic water damage. The average water damage claim is $12,500. A $30 sensor that alerts you immediately pays for itself if it prevents even one incident over its lifetime.
15. Smart Outdoor Lighting (Solar)
Ring Solar Pathlight ($35 each) replaces wired outdoor lighting with zero electricity cost. Solar-powered outdoor lights with smart scheduling eliminate $2-5/month per fixture in electricity.
Calculating Your Payback
To calculate your specific payback period: find your electricity rate (check your utility bill, typically $0.12-0.30/kWh), estimate hours of use, and multiply. The payback periods above are based on the national average of $0.16/kWh. If you're in California ($0.30+), payback is nearly twice as fast.
Read our energy-saving home automation guide →
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