Mar 17, 2025
As TVA drives toward Community Energy and distributed generation solutions to help offset peak demand, TVA EnergyRight is launching the Smart Thermostat Rewards program in partnership with local power companies, which kicked off last week.
Participants who enroll their thermostats in this new program allow small temperature adjustments during critical times to help reduce load peaks. Residents who meet the program criteria and enroll will receive a financial incentive and reduce system peak demand while maintaining control over their HVAC units.
In short, when TVA calls on the program, TVA’s third-party aggregator works with smart thermostat manufacturers to adjust participants’ thermostats. If a participant does not want to participate in an event, they can opt-out at any time. Participants must participate in at least 65 percent of events to remain enrolled in the program.
“Our goal for this program is to put money back into the participant’s pocket while maintaining grid reliability. Smart thermostats are powerful tools that can reduce energy costs and improve comfort,” said Julie Maupin, Senior Program Manager.
Local power companies across TVA’s service territory are partnering with TVA on the program, and all participants need is an eligible smart thermostat to join.
See if you are eligible, and learn more about the program here: https://energyright.com/residential/rebates/smartthermostat/