Honeywell Lyric T5 Smart W-iFi Thermostat Review - Pros & Cons

Honeywell Lyric T5 Thermostat Review

Features
Price
Overall Rating

Pros

  • Flexible scheduling possibilities
  • Geofencing features with support for multi-users
  • Smart alerts
  • Works with Amazon Alexa and Apple HomeKit
  • Good price
  • Easy to install and setup
  • Great mobile application

Cons

  • Design might look a bit conservative
  • No energy usage statistics or reports
  • No humidity and motion sensors
  • Requires C-Wire

Last updated: April 12, 2018

The Honeywell Lyric T5 smart thermostat is an improvement over the previous Lyric T3 thermostat model. However, is quite basic compared to other smart thermostats on the market.

At the same time, it has all the features required of a smart thermostat such as home climate scheduling or mobile application control.

It does have even some more advanced features such as geofencing (recognizing when you are not at home and shutting down the heating or cooling) and quite a wide array of integration with smart home ecosystems.

The main advantage of this smart thermostat can be considered its price, being one of the cheapest smart Wi-Fi thermostats on the market. 

In this Honeywell Lyric T5 review we will outline key features so you can decide whether this is a good fit for your home

Honeywell Lyric T5 Key Features

Geofencing Feature

The Honeywell Lyric T5 thermostat can determine whether you are at home or away by using your smartphone GPS location. For that feature to be enabled, you need to connect your Lyric T5 thermostat to the Honeywell Lyric mobile application.

After you have set up the Lyric mobile application, it will reduce energy consumption when you leave your home and return it to the comfort settings before you arrive home. This way, you can save energy while away from home and enjoy a perfect climate when you are back.

You can also set up the geofencing feature for more than one user. Each user should create a Lyric application account and set it up on their mobile device. If you have a few users on your Lyric T5 thermostat, then it will switch to the away setting once the last person leaves home and turn the comfort settings back on when the first person returns.

Scheduling Possibilities

With the Lyric T5 you have several options to choose from to control your home climate.

Location-based Scheduling

The Lyric T5 thermostat will use your smartphone’s location to recognize whether you are away or at home. If you are away, it will switch to energy-saving mode. When it senses that you are coming home, it will turn on the heating or cooling system to make sure the climate is at the temperature set for comfort. You can always manually switch between home and away modes on the thermostat or the mobile application.

Time-based Scheduling

This option sets the home climate schedule for a week. You can choose from three options to set the timing: each of the seven days individually, Monday-Friday/Saturday/Sunday, or Monday-Friday/Saturday-Sunday.

Smart Scheduling

This setting combines the two options above, using time-based scheduling together with the location-based feature. The thermostat will operate as per the schedule, but if it senses that you are at home while the program is set to away, then it will override the plan to provide you with the temperature you have set.

No Schedule

You can also choose a fully manual mode. In that case, you’ll be adjusting temperature points manually either on the thermostat or in the smartphone application.

Smart Climate Control

The Lyric T5 smart thermostat is equipped with the Smart Response feature. This function allows the thermostat to start the heating or cooling system a bit earlier when going from energy-saving mode to comfort mode to make sure the temperature is at the set point at the scheduled time.

The Honeywell Intelligent comfort control feature enables the Lyric T5 thermostat to automatically determine whether your home needs heating or cooling to provide the best indoor comfort and reach the set indoor temperature.

Smart Alerts

The Lyric T5 thermostat has another great feature: Smart Alerts. This function sends you reminders when the heating and cooling system requires maintenance (e.g., it’s time to change the filter for your HVAC system).

Also, it sends an alert when it notices unusual conditions in your home, such as an unusually low indoor temperature. Those alerts and reminders can be delivered to your email or smartphone as push notifications, so you will not miss anything that needs your attention. The warnings will also be displayed on the thermostat as a default option.

Great Display

The Lyric T5 smart thermostat has a large, bright, motion-activated, touch-enabled display. It is considered to be a significant improvement compared with the previous Honeywell Lyric T3 smart thermostat.

The display provides quite a lot of data on the default home screen: time, current indoor temperature, temperature point set, Mode and Fan option selection, as well as access to the primary menu options.

honeywell lyric t5 wifi thermostat app

You can control the thermostat from the display, but it is much easier to set schedules, geofencing, and other features with the Lyric mobile application. To set up the mobile app, connect the thermostat to your Wi-Fi network, install the Android or iOS application, and set up your Lyric account.

Integration with Smart Home Ecosystems

The Honeywell Lyric T5 smart thermostat works with most popular smart home ecosystems: Apple HomeKit, Amazon Alexa, Google Home and Samsung SmartThings. This integration will let you control the T5 thermostat together with the rest of your smart home devices.

If you are looking for more integration, the Lyric T5 is compatible with IFTTT, a home automation language used by many popular devices and systems. It allows you to connect various devices so they can communicate with each other. For example, it enables you to turn on the smart lights when Uber or pizza arrives at your front door.

Cons of the Honeywell Lyric T5 Smart Thermostat

The Lyric T5 thermostat’s design might be considered to be a bit dull and uninteresting by some. This is true if you compare the T5 to the Nest or even ecobee smart thermostats. If you are not looking to make a statement with your smart thermostat, then you should not be concerned about the Lyric T5 thermostat design.

This thermostat does not provide any energy consumption reports, so it is not easy to follow how your heating and cooling system is performing. It also does not offer web portal access to either control the thermostat or review its settings and status.

The Lyric T5 thermostat also doesn’t have humidity or motion sensors built in. Instead of motion sensors, it uses the geofencing feature to determine whether someone is at home or not. Also, it can’t connect to remote sensors, as with the ecobee thermostat. However, this is understandable, as it is a budget smart thermostat.

The Lyric T5 does require C-Wire. Therefore, you need to make sure you have one if you are planning to purchase this thermostat. Otherwise, you’ll end up either returning the T5 or installing C-Wire, which might be costly as you need to hire an electrician for that. The Lyric T5 thermostat also doesn’t support electric baseboard heating units (120V-240V).

Installing the Honeywell Lyric T5 Smart Thermostat

Honeywell has been producing thermostats for quite a while now, and the Lyric T5 is not their first smart thermostat. With that experience, Honeywell has made it relatively easy to install the Lyric T5 thermostat, even if you don’t have much experience installing and setting up electronic devices.

Lyric T5 does require C-Wire to power up the thermostat unit, and there are no workarounds provided for that. In case you don’t have C-Wire, then you probably need to look for other alternatives.

Overall, users are reporting that, when following the instructions provided by Honeywell, the installation and setup of the Lyric T5 is quite straightforward.

Honeywell Lyric T5 Compatibility with Heating and Cooling Systems

The Honeywell Lyric T5 smart thermostat will work with most of the 24-volt heating, air conditioning, and heat pump systems. It does require 24 VAC power (C-Wire), and there are no workarounds available if you don’t have that wire.

Please note that the Lyric T5 will not work with electric baseboard heating units (120V-240V). It also does not work with multi-volt heating and cooling systems.

How Does It Compare to Other Smart Thermostats?

ecobee3 lite Smart Thermostat

The ecobee3 lite might be a close contender for the Honeywell Lyric T5, as both are budget smart thermostats. However, the ecobee3 lite price is not as good as the Lyric T5, and can cost up to twice as much.

When putting thermostat features side-by-side, the ecobee3 lite, being a more expensive choice, does have more to offer than the Lyric T5. The ecobee3 lite does have most of the same functions as the Honeywell model, such as the Home/Away feature, geofencing technology to know when you are at home or away, and all kinds of climate scheduling options.

However, the ecobee3 lite thermostat supports remote room sensors for more accurate temperature readings and monitoring actual room occupancy. The ecobee3 lite also provides extensive energy consumption, savings data, and reporting capabilities, which are available in the ecobee web portal called HomeIQ.

The ecobee3 lite smart thermostat might be a good option if you need to monitor a few rooms in your home, taking into account the temperature not just where the thermostat is installed but also in the rooms that are currently occupied. The ecobee thermostat also provides quite extensive information on the energy consumption, energy savings, and overall heating and cooling system performance.

Nest E Smart Thermostat

Nest E Smart Thermostat

The Nest E smart thermostat is the Nest version of a budget thermostat. The Nest E price is similar to the ecobee3 lite thermostat price, and could therefore could cost almost twice as much as the Honeywell Lyric T5.

Nest E does have the same machine-learning capabilities as the more expensive Nest thermostat. If you are looking for a thermostat that can learn your temperature preferences and patterns, then you should consider the Nest E thermostat.

On the other hand, if you don’t have a problem with having basic smart temperature management capabilities, you should be fine with the Lyric T5. With its geofencing capabilities, the T5 thermostat will know when you are leaving and coming home and will adjust the temperature accordingly. Honeywell’s Smart Response feature will make sure the home climate is at the set point at the scheduled time or as soon as you are back home.

Emerson Sensi Wi-Fi Thermostat

The Honeywell Lyric T5 is considered to be quite an excellent choice for budget-conscious shoppers. If you are looking for other budget smart thermostat alternatives, then look into the Emerson Sensi smart thermostat. It does seem more like a traditional thermostat rather than a slick-design smart thermostat, and can be considered to be an even more conservative design than the Honeywell Lyric T5.

The Sensi thermostat has all the basic smart thermostat features that the Honeywell model has. You can control the thermostat remotely over the mobile application and set the temperature in an intuitive way. The Sensi thermostat also integrates with Amazon Alexa for voice control and the Wink smart home platforms. The benefit of the Sensi thermostat is that it does not require C-Wire in many cases (C-Wire is necessary for heat-only, cool-only and heat pump systems without aux.), while the Lyric T5 does require the C-Wire.

The Emerson Sensi thermostat is quite similar to the Lyric T5, but if you don’t have C-Wire installed, you may want to consider the Sensi thermostat over the Lyric T5. Emerson also provides a web portal for accessing the thermostat and the possibility to manage a few thermostats from a single app or the web portal.

Conclusion

The Honeywell Lyric T5 smart thermostat might be one of the best picks for a budget smart Wi-Fi thermostat. The price of this thermostat is almost half of the budget versions from ecobee or Nest.

This thermostat does have flexible temperature scheduling possibilities and geofencing functionality. Those features ensure the best home climate when you are at home and enable energy savings when you are away.

The Smart Response feature ensures that the temperature is up to the set point at the scheduled time or when someone returns home. It can also be integrated with many smart home ecosystems, such as Amazon Alexa, Apple HomeKit and Samsung SmartThings.

The Honeywell Lyric T5 thermostat, being a good balance between price and the smart features, is an optimal entry point if you are considering upgrading your conventional thermostat. However, before purchasing this thermostat, make sure you have a C-Wire installed, otherwise you may end up returning the T5 or paying an electrician to install the missing C-Wire.