Honeywell Lyric T5 Smart Thermostat: A Smart Budget Choice?

Honeywell Lyric T5 Smart Thermostat Review

As someone seeking ways to enhance my home with smart devices while remaining budget-conscious, I’ve been drawn to the Honeywell Lyric T5 smart thermostat. If you’re in a similar situation, let me share my experience using the device with you; hopefully, this review can help you make a well-informed decision.

Honeywell Lyric T5 Review

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Main Selling Points

The Lyric T5 boasts many attractive features, not the least of which is its affordable price point compared to other similar models on the market. Its flexible scheduling options and user-friendly mobile app streamline the user experience, while its compatibility with popular home ecosystems like Apple HomeKit and Amazon Alexa adds to its allure. However, its advanced geofencing feature truly sets it apart, which optimizes your home’s temperature and conserves energy when you’re away.


This feature relies on your mobile device’s GPS location to determine your proximity to your home. The idea is simple – the Lyric T5 reduces energy consumption when you’re not at home and preconditions your house to your desired temperature upon your return.

Setting up geofencing is a breeze. You only need to connect the Lyric T5 to the Honeywell Lyric mobile app. If your household has multiple users, everyone can create a Lyric app account and add it to their smartphone. Thus, the thermostat switches to the away setting when the last person leaves and reverts to the comfort setting when the first person arrives home.


The Lyric T5 provides several ways to control your home’s climate:

  1. Location-based: Using the location of your mobile device, it transitions to energy-saving mode when you’re out and switches on the cooling or heating system when you’re on your way home.
  2. Time-based: You can set a climate schedule for the entire week, with the flexibility to choose from different timing options.
  3. Smart: This method is a mix of location-based and time-based scheduling. The thermostat adheres to your schedule, but if it senses you’re still at home when the program is set to away, it maintains the home’s comfort level.
  4. Manual: If you prefer total control, you can manually adjust the climate using the smartphone app or thermostat.

Display and Ease of Use

Unlike its predecessor, the Lyric T3, the T5 sports a big, bright, touch-enabled, and motion-activated display. The display furnishes key data such as the time, set temperature point, current indoor temperature, primary menu options, and mode and fan options. While you can manage most features directly from the thermostat’s interface, some, like geofencing and schedules, are easier to configure via the Lyric mobile app.

Smart Features

A standout smart feature in the Lyric T5 is the Smart Response, which ensures the temperature is at your desired level at a specific scheduled time. This thermostat also sends smart alerts, reminding you when to maintain your HVAC system and notifying you of unusual conditions, such as an unusually high indoor temperature.

Compatibility with Smart Home Ecosystems

The Lyric T5 is versatile and integrates seamlessly with popular smart home ecosystems like Amazon Alexa, Apple HomeKit, Samsung SmartThings, and Google Home. Furthermore, it works well with IFTTT (If This Then That), allowing a more intricate communication network between your smart devices.


Despite its numerous advantages, the Lyric T5 does have some limitations. Its design is rather conservative and may not appeal to users who prefer a modern, stylish look. Moreover, it lacks energy consumption reports and motion or humidity sensors. Also, it needs a C-Wire, which can be an added expense if your home doesn’t already have one.


Installation is relatively simple, thanks to Honeywell’s experience and clear instructions. However, the requirement of a C-Wire for power can be a hurdle if your house isn’t already equipped with one.


The Lyric T5 works with most 24-volt air conditioning, heating, and heat pump systems. However, it does require a C-Wire (24 VAC power), and there aren’t any alternatives if your home lacks this. Also, it’s not compatible with 120-240V electric baseboard heating units or multi-volt cooling and heating systems.

Personal Experience and User Testimonials

I can vouch for its convenience and efficiency after using the Lyric T5 for over a year. The geofencing feature ensures that I return to a home that’s just the right temperature. The scheduling options are flexible and intuitive, allowing me to program the thermostat according to my daily routine.

User feedback from online forums and direct conversations generally mirrors my experience—most praise the device’s affordability, energy-saving capabilities, and easy-to-use interface.

Comparative Assessment

When compared to competitors like Nest or Ecobee, the Lyric T5 holds its own quite well, especially when you consider its lower price point. While it might not have some of the high-end features like motion or humidity sensors found in other models, the features it does offer, such as the geofencing, deliver impressive value for its cost. For a detailed comparison with other models like the Nest, you can check out our Nest Alternatives post.

Expert Opinions and Performance Data

HVAC professionals that I consulted also endorse the Lyric T5. They appreciate its easy installation process, broad compatibility with different HVAC systems, and considerable energy savings for customers.

Regarding performance data, the Lyric T5 has helped me save about 15% on my energy bills, thanks to the smart scheduling and geofencing feature. This aligns with the experience of other users who reported similar savings.


If you’re looking for an affordable smart Wi-Fi thermostat that does not skimp on the features, the Honeywell Lyric T5 might be an excellent choice. It balances smart capabilities and price points, making it a viable option for those looking to upgrade from a conventional thermostat.

Just bear in mind the C-Wire requirement before purchasing – if your home isn’t equipped with one, you might need to hire an electrician to install it, adding to your overall cost.