Ayden, take a look at
http://www.welserver.com/WEL0043/ for another example to illustrate what's possible with a WEL.
In this case, it's all done with one WEL unit.
To add on to the excellent comments Stuart has already provided:
I ran a 1-wire cable connection to each of my tstats (I have 4 since I have zoned air distribution) to get ambient temp at each tstat into the WEL. Don't know any way around this, unless you have 2 unused wires in your existing tstat cable. I didn't change anything regarding my tstats - they're still they same ones put in at installation time.
I use the combo unit to measure the presence or absence of 24VAC (i.e., the tstat's Y1, Y2, Reversing Valve statuses).
I have two humidity sensors - one for inside (mounted near a large return air register) and one for outside.
I use WattNode transducers to measure power and energy, but, TED units should work just as well (although I don't know what kind of resolution is possible with a TED unit). Both are well covered in the WEL instruction manual.
I monitor DSH pump on/off via monitoring the presence or absence of current going through the wires connected to the DSH pump, using an AC current to 1-wire on/off switch as supplied by welserver.com .
Each of the electrical circuits for my heat pumps includes the associated water loop pump. I simply subtract 385 watts from the heat pump circuit measurement values to arrive at heat pump only power consumption (385 W is the listed power for each of my pumps).
Hope this helps.
Best regards,
Bill