IKEA Is Trying To Help You Save Money On Your Energy Bill: Here's How

IKEA sells a lot of stuff — over $50 billion worth in the 2025 financial year — but its sales have recently been falling as consumers reduce their spending in the face of rises in the cost of goods, increased tariffs on imported products, and out-of-control home electricity prices. In late 2025, IKEA introduced 21 new or updated energy-related products that integrate with other smart home technology. These products allow homeowners to use internet connectivity and artificial intelligence to cut their electricity use. All the products now use Matter, the standard adopted by smart home hubs like Alexa, HomeKit, Google Assistant, and IKEA's own DIRIGERA. It's a win-win situation and makes good business sense for the home furnishings superstore to introduce new products that can help consumers lower their home energy costs.

Using these smart products allows consumers to monitor their energy-using devices directly or remotely. With that knowledge, homeowners can see where they are wasting energy when they don't need to. Roughly 5% of the average homeowner's electric bill is spent on things in your home that secretly increase your electric bill. This "vampire" electricity serves little or no purpose. Plugged-in phone chargers sip electrons even when they're not charging your phone. TVs that are seemingly off actually use electricity to monitor signals from the remote control sitting idly next to your couch. These devices can be controlled remotely via smart home devices, such as IKEA's smart plugs, sensors, and other products, connected to a phone app or smart home hub.

It no longer takes a lot of your own energy to increase your home's energy efficiency. If you already own a Matter-compatible smart home system, IKEA's products can be added to the devices you control. If you don't want to unplug your TV or phone chargers every night, for less than $10, the IKEA INSPELNING smart plug can control any household appliance through a phone app. Rather than walking around your home turning off lights before you leave for work, replace your light bulbs with IKEA's smart lights, and you can turn them all off at once — even after you've left the house. Or just plug a power strip into a smart plug, and you can turn off the entire entertainment center all at once.

Knowledge is power: IKEA's TIMMERFLOTTE internet-connected sensors can monitor the humidity and temperature in your home and send you that data so that you can remotely turn on or off dehumidifiers or your HVAC equipment. Its KLIPPBOK water leakage detectors can alert you when a faucet is dripping, potentially saving you money not just on your water bill but also on your water-heating bill. Its motion sensors can turn lights on or off, open and close garage doors, and even detect when a door or window is left open, saving you money on your home heating or cooling bill and improving the security of you and your home. Sure, all these products cost you money, but they can save you money in the long run. Plus, you get the satisfaction of not sending money to your utility company for no good reason.