Southwestern Public Service Company (SPS)

Residential Thermostat Rewards

Southwestern Public Service Company (SPS)

New Mexico

This program pays New Mexico residential customers for allowing thermostat setpoint changes during peak events.

#Utility

#loadreduction

#thermostats

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Residential Thermostat Rewards

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Service details

Service type

Load reduction

Eligible technologies

No items found.

Competition frequency

Annual

Locational scope

Territory-wide

Seasonality

Year-round

Eligibility

Direct

Aggregated

Residential

Commercial & Industrial

Front-of-the-Meter

Residential customers with qualifying Wi-Fi thermostats can enroll directly and receive incentives.

Key details

Participants receive a $50 rebate or free thermostat, plus annual bill credits for participation.

Dispatches occur during summer/winter peaks, adjusting setpoints a few degrees for short periods.

Incentives are credited based on verified participation in each dispatched event.

Listing last updated on

25 July 2025

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