Enroll To Receive Rebates, Cut Energy Costs
North Alabama Electric Cooperative (NAEC) and TVA EnergyRight invite NAEC members to enroll in Smart Thermostat Rewards. This program provides rebates to participants with a qualifying Wi-Fi smart thermostat and helps them use less electricity during times of peak energy demand, such as a summer heat wave or winter cold snap.
Not only does the program bring savings by reducing electricity use, but NAEC and TVA EnergyRight will give participants enrollment rewards and annual rebates.
How the Plan Works
NAEC members will receive a $65 rebate when they enroll their existing smart thermostat, plus up to $65 each year they participate in the program. Those who don’t have a qualifying smart thermostat can purchase one online at the TVA EnergyRight Marketplace and receive a rebate of up to $100 upon enrollment.
By enrolling their thermostat in Smart Thermostat Rewards, participants agree to small, automatic adjustments of up to 4 degrees for a duration of up to 4 hours during times of peak demand, as much as 60 hours per season. These peak hours normally are afternoons in the summer and early mornings during the colder months. Members can opt out of an adjustment at any time using their thermostat or app, but they must maintain a 65% participation rate to receive the annual rebate.
Members who use electricity to both heat and cool their homes are assigned to the year-round program with the annual $65 rebate. Those who cool with electricity but heat primarily by non-electric means — natural gas, wood-burning stove, heating oil, etc. — can still participate via the summer-only program, which provides a 1-time enrollment rebate of $65 and an annual participation rebate of $20.
Members will receive the one-time $65 enrollment rebate check within 60 days of being accepted into the program. Checks are to be sent to the mailing address used to register the smart thermostat.
Go to the Smart Thermostat Rewards Program page to enroll.
Smart thermostat partners include Alarm.com, Amazon, ecobee, Honeywell Home, Nest, and Sensi. See a full list of approved devices on the Thermostat Rewards website. Internet connectivity is required. Members can withdraw from the Smart Thermostat Rewards program at any time by emailing TVA Energy and requesting to end participation.