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Thermoneystat lets homeowners budget their energy usage, regulates temperature and cost

Utility bills are an inevitable part of life. It’s hard to keep track of how much money is spent on them and no one truly knows the cost of what they’re using until they receive the bill. Of course, by then it’s too late to do anything about it.

patent-claimed Thermoneystat is a thermostat that works in reverse. It lets the user set how much money they’d like to spend on heating and cooling for that month. In turn, the thermostat does its best to provide the most comfortable temperature at the best price. To do this, the system uses current energy prices, weather forecasts, and weather history to plan for the month. It also lets the user input their own scheduling preferences for maximum comfort.

All told, Thermoneystat provides an innovative way for homeowners to cut down on their energy costs, despite its cringeworthy name. To receive one unit, backers must donate $250, but it’s important to keep in mind that furnishing an entire house might require a few more. Estimated delivery is currently set for September 2015, provide the product can meet its $100,000 goal on Kickstarter by March 31, 2015.