A programmable thermostat is a thermostat which is designed to adjust the temperature according to a series of programmed settings that take effect at different times of the day. Programmable thermostats may also be called setback thermostats or clock thermostats.

Heating and cooling losses from a building (or any other container) become greater as the difference in temperature increases. A programmable thermostat allows reduction of these losses by allowing the temperature difference to be reduced at times when the reduced amount of heating or cooling would not be objectionable.

For example, during the air conditioning season, a programmable thermostat used in a home may be set to allow the temperature in the house to rise during the workday when no one will be at home. It may then be set to turn on the air conditioning before the arrival of occupants, allowing the house to be cool upon the arrival of the occupants while still having saved air conditioning energy during the peak outdoor temperatures. The reduced cooling required during the day also decreases the demands placed upon the electrical supply grid.

Conversely, during the heating season, the programmable thermostat may be set to allow the temperature in the house to drop when the house is unoccupied during the day and also at night after all occupants have gone to bed, re-heating the house prior to the occupants arriving home in the evening or waking up in the morning. Since most people sleep better when a room is cooler and the temperature differential between the interior and exterior of a building will be greatest on a cold winter night, this reduces energy losses.

Similar scenarios are available in commercial buildings, with due consideration of the building's occupancy patterns.

With the difference in temperature between interior and exterior being reduced, it is not unusual to achieve 30% energy usage reductions with the default program on residential thermostats, though adjusting the default settings may improve or reduce energy usage.