The Home Depot

ComEd looks to heat up demand for smart thermostats with rebates

ComEd looks to heat up demand for smart thermostats with rebates

In the age-old battle over who controls the temperature setting, smart thermostats would seem an intelligent alternative: Let the internet-connected device make automatic adjustments and pocket some savings in the process.

But at $250 per unit for leading models, most consumers aren't buying it, with smart thermostat adoption rates languishing at about 1 in 10 households nationwide.

Hoping to generate more interest, Commonwealth Edison announced an update to its 2-year-old rebate program Tuesday, with up to $100 in instant discounts for smart thermostats purchased through its website and up to $50 in additional rebates available from a customer's gas...

59°