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Smart meters send the readings over a wireless wide area network (WAN) to the power company. This network allows sending small amounts of data slowly over long distances, which is perfect for smart meter readings that occur monthly. If you would prefer a smart meter, contact your power company and consider springing for the cost of replacing your electric meter.

Just as fluorescent lights are more efficient than incandescent lights, LED lights are more efficient to run than fluorescent lights. The specifics will vary from product to product, but LED lights are typically twice as efficient as equivalent fluorescent lights. A 13-watt CFL bulb can replace a 60-watt incandescent bulb, but a 6- to 8-watt LED bulb can offer the same amount of brightness. Fluorescent lights offer about 50 lumens per watt, while LEDs offer about 100 lumens per watt. LED light bulbs typically last two to three times as long as CFL bulbs, too. 

A C-wire connects your thermostat to your household heating and cooling system to provide continuous 24V power. The furnace's transformer converts household electrical current into this low-voltage power to operate the HVAC system's circuitry. In most configurations, the C-wire connects to the terminals labeled "C" on both the furnace's low-voltage terminal block and the thermostat. In some cases, if a dedicated C terminal is unavailable, the C-wire can be connected to the "G" (fan) terminal at the furnace.

Yes, it's possible to have electrical receptacles and overhead lights on the same circuit. The reason is that lights typically use much less power than large appliances, so combining them won't overload your circuit. By doing this, you can distribute the power consumption throughout the breakers in your panel more efficiently, which can be helpful if you have a lot of different electrical devices in your home.