Eg: in Canada one can keep their home a few degrees cooler in the winter to save quite a bit of money. Same idea in hotter climates -- keeping it 75 instead of 70 is something one can acclimatize to, but has more value when the out door temperature is 100f vs 80f.
Overall I think it's just momentum. When I had a nest I used the dynamic range that said only cool if my place is over 78 and only heat if it's 68. Everything else, just roll with the ambient.