Nest thermostat is designed to save your money in terms of utility bills and Eco temperature is designated for heating and cooling with your net thermostat. Nest thermostat is responsible to keep your home in a comfortable mode.
It is also responsible to cutting your electricity cost. In short, you can say by using Nest thermostat you can manage your electricity as per your desire.

By using nest leaf, you can see your nest thermostat is set in eco mode. In thermostat and Nest app, it is clearly shown that your thermostat is set on eco mode, which is confirmed by a large ECO label and if you are in heating or cooling mode and you have to change it in temp mode, you will see a green leaf popup within the Eco temperature range.
Note: You need to use Nest app version 5.8 or Later and the thermostat software version is 5.6 or later.
Nest thermostat gives you a temperature range which is 40-70 degrees Fahrenheit for heating mode and 76-90 degrees Fahrenheit for cooling mode, but sometimes this might not work due to factors like local climate, home constructions etc.
Suppose you have built your house in insulated mode, in that case, your home gets cooled or heat up in short period of time. So you need to find some general guideline to set up your temperature

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Q1. Will Eco Temperatures on a Nest Thermostat actually save money on my energy bill?
Ans: Yes, Eco Temperatures can noticeably reduce your energy bill. When you leave the house and the Nest switches to Eco mode it stops heating or cooling to your comfort temperature and instead maintains a wider range. For example if your heating Eco temp is set to 62F instead of 72F the furnace runs much less while you are away. Google estimates that Nest thermostats save around 10 to 12 percent on heating and about 15 percent on cooling costs per year. The savings depend on how often you are away and how far apart your Eco temps are from your regular schedule.
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