Over the course of the last five years, members of our Peak Thermostat Program, or Rush-Hour Rewards as it was known in the beginning, have received $223,792 in bill credits.
Five years ago, the only thermostats available for the program were the Google Nest thermostats; in year three, we added Honeywell thermostats. Now, in year five, joining this program has never been more affordable with the addition of Amazon's new thermostat. This new smart thermostat costs around $69 retail, but when you sign up for the Peak Thermostat Program, every member receives a $50 bill credit for signing up and then an additional $50 bill credit at the end of the cooling season, which means the thermostat pays for itself in the first year. Plus, you get another $50 bill credit every year you stay enrolled in the program. This program is not only a benefit for members directly, but it saves the cooperative as a whole from paying high peak-energy costs during the hottest days of summer. Over 1,200 of your energy-saving friends and neighbors are enrolled, and they keep raking in the rewards year after year!
Many members don't even have to purchase a new thermostat because the one installed in their home is already a Wi-Fi connected, smart thermostat!
If you are unsure if your thermostat qualifies for this rebate, go to nremc.com/peak or call us anytime. This is just another example of “if we all do a little, together we can do a lot.”