Nest just released a new, cheaper version of their thermostat called the Nest E, for easy. It is currently priced at $169 which is $80 cheaper than their 3rd generation thermostat. With local rebates that some utilities provide you the price could be less than $100 if the rebated apply to this model. This undoubtedly is targeted to complete with the Ecobee 3 Lite which is priced the same.
The thermostat is made of plastic (polycarbonate) rather than the metal and glass that the 3rd generation nest is made from. It is white and has a frosted display to blend into the background. Probably will be pretty popular with consumers who are not comfortable with the high price point of the 3rd generation Nest or weren't into the modern look of the original.
As far as features go it seems to have everything that the third generation Nest has except Faright. Farsight is the feater that allows you to display the current tempeartire or time when the thermostat detects that you are near. Kind of a cool feature nut not a mist have. The nest E seems to do everything else the the 3rd Gen Nest does. It is a learning thermostat, you can control it with your phone or the website, it is easy to install, and is just about the same size.
I think this will be a winner for Nest. The are going to pick up some consumers who were turned off by the price of the original. I would be a buyer if I didn't already have 2 of the Nest 3rd Generation thermostats installed.
My only wish is that they would work on a cheaper version of the Nest Protect smoke and carbon monoxide detector. I still can't get past the $119 price tag. Hopefully they will at least release a new version of the Protect with some additional features that will help me justify the cost so I can pick up a couple.
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