adplus-dvertising
Connect with us

Investment

Smart Home Security Systems: Exploring the Advantages

Published

 on

Smart Home Security Systems

Between the fast-paced advancements of technology and the increasing crime rate, smart home security systems are utilized more within homes. Whether automating just a single device or a network of security tools, homeowners use smart features and capabilities to protect their homes and loved ones.

If you’re still considering whether a smart home security system is a worthy investment, this article can help convince you.

  1. It Offers Real-Time Security Monitoring And Alerts

The most obvious advantage of adding a smart home security system is enhanced property security via real-time monitoring and security alerts.

Even the most basic smart home security systems allow you to monitor and watch your property remotely. Security and video surveillance give you insights into what’s happening in and out of your property.

If a breach or an incident occurs, smart sensors and alert systems instantly notify you and the necessary authority. Notifications can be received anywhere through your mobile devices, providing updates on recent activities in and around your home.

That said, your smart home security system is only as good as the contractor that installed them. This is particularly true for strategically installing surveillance video cameras to prevent blind spots.

As such, you should look for a contractor to develop and install your home security system. The best contractor should have years of experience and reputation in the industry. ThinkPro, for instance, is one of the most reputable providers of the highest-quality home security system Canada.

Close Up Object Shot of a Modern Wi-Fi Surveillance Camera with Two Antennas on a White Wall in a Cozy Apartment. Man is Sitting on a Sofa in the Background.

  1. It Provides Remote Access And Control

Aside from remote monitoring, the best smart home security system also helps you remotely access and control your smart home devices for the ultimate convenience.

With a smart home security system, you don’t have to worry about going home to a dark place. Most systems allow you to control lighting remotely or turn them on and off automatically during a set period. It ensures that your home is well-lit and discourages trespassers and thieves from entering it, making it quite beneficial if you’re on vacation for extended periods.

Also, you don’t have to worry about forgetting to turn off an appliance when leaving home. With their connectivity, you can easily shut down or turn off personal computers or cooking appliances to minimize the risk of fire and electricity hazards.

  1. It Increases Property Values

A smart home security system is considered a ‘highly desirable’ home upgrade. Adding even a few CCTV cameras can significantly increase your property value by amping your home’s overall safety and security levels. So, if you’re considering selling your home in the future, adding a smart home security system can significantly boost its selling appeal.

In a time filled with so much uncertainty, it’s no surprise that people are now prioritizing safety, comfort, and convenience when looking for homes. As such, homebuyers are willing to pay more for homes outfitted with smart security devices such as video doorbells, smart sensors, smart lights, and CCTV cameras.

  1. It Lowers Your Insurance Premiums

Did you know that your insurance provider may offer discounts or reduce your premium by up to 20% on your homeowner insurance policy if you install smart home security features?

Smart home monitoring and security systems reduce the risk of your home suffering from burglary or costly fire and water damage. This means that you’re less likely to file a claim with your insurance provider, saving them money which they eventually pass on to you via lowered premiums. This helps you save on insurance costs in the long run.

  1. It Boosts Energy Efficiency

Depending on your smart devices, smart security technology may also improve your home’s overall energy efficiency.

For instance, programming your lighting system allows you to automatically turn on and off your lights when entering or leaving a room or your home. Hence, you never have to worry about wasting energy. Smart outlets can manage auto shut-off for electronic devices, which reduces the risk of electrical hazards and save energy.

Adding a smart thermostat to the mix gives you more control over your heating and cooling costs. Using AI technology, most smart thermostats learn your schedule and temperature preferences and adjust the overall temperature accordingly.

In addition to saving money on your homeowner’s insurance, smart security features also help improve energy use, which ultimately translates to higher energy bill savings in the long run.

Takeaway

As you can see, installing smart security features in your home has many advantages. It helps beef up your home’s security while ensuring convenience for the whole family. So, don’t delay further. If you have the budget, consider consulting a reliable provider and see for yourself what a well-planned smart home security system can do for you.

Investment

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

Published

 on

 

NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

The Canadian Press. All rights reserved.

Source link

Continue Reading

Investment

S&P/TSX composite up more than 100 points, U.S. stock markets mixed

Published

 on

 

TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

This report by The Canadian Press was first published Oct. 16, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Economy

S&P/TSX up more than 200 points, U.S. markets also higher

Published

 on

 

TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

Source link

Continue Reading

Trending