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The Hilo smart home, an investment that quickly pays off

 4 minutes reading
By adopting the Hilo smart home and taking Hilo challenges, you’re joining a collective effort to reduce energy consumption and, as a bonus, earn cash rewards, in addition to lowering your electricity bill. It’s an investment that really pays! It’s even possible to recoup the cost of your initial investment in two winters or less! Read on for more information.

Money in your pockets

The Hilo smart home gives you money back in two ways: First, thanks to its connected devices that can be operated remotely, you can save on energy all year long. That means a lower electricity bill by up to 15%! Second, when you take Hilo challenges, you receive cash rewards. Depending on your participation level, your home’s features, and your energy consumption habits, you could earn an average reward of $166 per winter! At that pace, your initial investment might quickly become profitable!

Here are a few examples.

Leo and Karim’s savings

The starter kit includes:
 
  • the Hilo hub
  • 2 smart plug-in switches

The couple then bought five smart thermostats and added two smart in-wall switches to their order.

Their return on investment: In one year, Leo and Karim earned $81 in cash rewards and saved $123 on their electricity bill. Adding both amounts together, they covered their initial investment of $489.91 in less than three years.

> Is it possible to be paid to save energy?

Martina’s savings

The starter kit includes:
 
  • the Hilo hub
  • 2 smart plug-in switches

She then got nine smart thermostats and added two smart in-wall switches to her order.

Her return on investment: During the first year, Martina earned $146 in cash rewards and saved $275 on her electricity bill. She therefore recouped the cost of her initial investment ($569.98) in less than two years.

> Use less electricity and be more comfortable? Yes, you can!

Caroline and Daniel’s savings

The starter kit includes:
 
  • the Hilo hub
  • 2 smart plug-in switches

They then opted for 12 smart thermostats and added two smart in-wall switches, a smart dimmer, and a full-colour smart bulb.

They also opted to get the Hilo solution for electric vehicle charging for free along with the starter kit.

Their return on investment: During the first winter, Caroline and Daniel earned $246 in rewards. By adding this amount to their electricity savings of $348.96 during the first year, they recouped their initial investment of $824.83 in less than two years.

> Make family life easier with the Hilo home

Calculate your potential savings!

Want to know how quickly your initial investment will become profitable? Answer these three questions to see how much you could save and your potential rewards, then take a moment to discover the Hilo products that will work best for your needs.