Tado has introduced a cost forecasting feature to help Smart Thermostat and Smart AC Control owners keep track of their spending.
The old Tado app has an Energy Savings section designed to highlight how much energy and money youâve saved using your Tado gear in the last month. This new feature grounds your behaviors in a much more concrete context.
Tado says it estimates future costs using a set of algorithms and âby linking the temperature and Tado app settings with analog or smart meter data.â
It extrapolates expected results by analyzing current and past behaviours, which makes sense.
âDue to connectivity, cloud computing and data science it is now possible to really make conscious decisions about how much to spend on home comfort,â says Tado co-founder Christian Deilmann.
âCurrently, people turn their heating up and down without knowing what it really means for their annual bill. With cost forecasting, guessing your energy bill is a thing of the past,â
The Tado interface has arguably had less of a focus on cold hard cash spend than rivals Hive and Nest, which display your energy âhistoryâ in a slightly more matter-of-fact way. This new feature might change that.
However, it is not included as standard. Itâs part of the Auto-Assist feature, which costs ÂŁ2.99 a month or ÂŁ24.99 a year should you choose to pay up front.
The idea is Auto-Assist will quickly pay for itself, as it also includes geofencing and open window detection. When everyone leaves the house or it senses a window is open, the system automatically reverts to a heating profile you specify in the app. Without Auto-Assist you have to make this change manually.
Tado says youâll also get extra tips and advice on how to save money, based on how you use your heating system. Letâs hope for something a bit more insightful than âclose your doors and windowsâ.
The real-time cost forecasting feature is available now, but only to âselect user groups across Europeâ.
It will roll-out to more areas over the coming weeks and months.