Alarm.com announces the addition of Tuscon Electric Power, Modesto Irrigation District, and American Municipal Power (AMP) to the Give Back, Get Back Demand Conservation Program. Customers with a qualifying smart thermostat, like the Alarm.com T2000 Thermostat, can earn incentives for participating in the program.
In different areas, these incentive programs are called different things. Demand Conservation, Give Back, Get Back, and others. Basically, they all boil down to one thing. During peak usage times, usually, in the summer months, when demand is at its highest, you give the utility company permission to make minor adjustments to your temperature settings, which allows them to lessen the demand on the power grid during peak usage.
If you sign up for the program, you have the ability to opt out of a single event, and you can opt out of the program completely at any time. However, if you do opt out, you will give up any further incentives that may be available through the program.
Tuscon Electric Power customers can earn a $50 Mastercard e-gift card for each eligible thermostat (up to two (2) total) for enrolling in the Smart Rewards program and earn another $40 Mastercard e-gift card for each year of participation. That's $90 for one thermostat or $180 for two. Between these incentives and the savings provided by a smart thermostat, this is an upgrade that will pay for itself in no time!
Modesto Irrigation District customers will receive a $50 bill credit when they enroll in the MID Power Smart program. Then, receive a $20 bill credit for each year that you remain in the program. If you're adding a new Energy Star® smart thermostat to your home, you can also apply for up to a $50 rebate toward the purchase of the thermostat. The rebate is limited to two (2) qualifying thermostats per household. Visit their website for full details.
American Municipal Power (AMP) operates in several states, including Kentucky, Pennsylvania, Ohio, Michigan, Virginia, West Virginia, Indiana, Maryland, and Delaware. According to Alarm.com, customers receive $55 when enrolling in the program with AMP. However, according to the AMP website, participants who sign up will be entered into a drawing for a $250 gift card at the end of each peaking season. So, do your research if you are an AMP customer looking to sign up. You can check out the program at AMP here. When in doubt, give them a call and get the details.
Not a customer of one of the utility companies listed above? Never fear! There are many, many companies that have been participating in some variation of this program for years. Not an Alarm.com customer? That's ok too. Most utility companies have a list of smart thermostats that are compatible with their version of the demand conservation program. Find your utility company's site and search "smart thermostat." You'll likely come up with the information specific to your area. If not, give them a call. There's a reason these companies are willing to pay incentives for participation in this program. It's good for everyone involved.