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Smart home upgrades can be worth the money. Several upgrades, including smart thermostats and ceiling fans, can help reduce your energy bills. Others make life more convenient, freeing up your time to do what you love (or get more work done). And some smart home upgrades, such as entertainment systems, simply make life more enjoyable. All are worthy causes.

Dryers are designed to use as little electricity as possible, but power is still required to run the motor that turns the drum and to heat an element that pumps hot air. Eco devices are available and may lead to cost savings in the long term, but you should run the figures before committing to an eco-friendly device as they are often much more expensive to purchase.

Yes, installing an attic fan can help lower your electric bill—particularly if you live in a hot and humid region. By replacing hot and stuffy air with cooler air, these fans help regulate the temperature in your attic and the rest of your home, taking some of the pressure off of your air conditioner.

Homeowners can often access federal tax credits, such as the Investment Tax Credit (ITC), which covers a percentage of installation costs. Many states and utilities offer additional rebates, grants, or performance-based incentives. These programs can significantly lower your upfront investment. Check the Database of State Incentives for Renewables and Efficiency (DSIRE) or contact your local energy office for current offers.