New instal thermo 3 wires.
OK I just recently bought a honeywell thermostat controller. When I removed my old thermo (slider switch type with mercury) only 2 wires were connected, but a third wire was in my box still covered (not bare wire). One wire connected was white and the other red the 3rd odd ball was green. What is this green wire? Is the 24v common wire? If it is I would like to wire it to my thermostat to keep my backlit display on constantly... anyone know? It's a new built home one year old.