Smart Thermostat Rebates
Save on a Smart Thermostat
Automate your home energy use around your schedule, preferences, and even the weather with a smart thermostat. Easily control and monitor your heating and cooling from anywhere, so you stay comfortable when you're home and save energy and money when you're not.
New Mexico Gas Company offers a rebate on qualifying ENERGY STAR smart thermostats that can help you save up to $100 per year in energy costs. Learn more or browse eligible models.
How to Participate
There are three ways to save on an ENERGY STAR Certified smart thermostat:
1
In-Store Instant Rebate
Shop at a participating Lowe’s or The Home Depot store to get a $50 instant rebate in-store and handle the installation yourself.
2
Participating Contractor Instant Rebate
Find a participating contractor for an expert installation and get an instant rebate.
3
Retail Post-Purchase Rebate
Purchase an ENERGY STAR Certified smart thermostat online or from another local retailer, install yourself and apply for a $50 rebate.
How It Works
Qualifying smart thermostats must be purchased on or after April 1, 2025 and installed by March 31, 2026. Post-purchase rebate applications must be received by April 30, 2026. See Program Terms and Conditions for additional details.
Customer who receive natural gas service from New Mexico Gas Company, as evidenced by the New Mexico Gas Company residential customer account number, are eligible for up to two smart thermostats per household.
Benefits of Choosing an ENERGY STAR Certified Smart Thermostat
1
Energy and Money Savings
Being smart about how you control your temperature settings will help you save money and stay comfortable.
2
Convenience
Many smart thermostats learn your temperature preferences and establish a schedule that automatically adjusts to energy-saving temperatures when you are asleep or away.
3
Control
Wi-Fi enable smart thermostats allow you to control your home's heating and cooling remotely through your smartphone.
4
Rebates
Get a rebate when you install a smart thermostat in your home.
Tips to Optimize Your Smart Thermostat
Use Efficient Settings and Scheduling
Increase comfort and reduce energy use with seasonal settings:
| Summer | Winter | |
|---|---|---|
| Awake | 78 degrees | 68 degrees |
| Peak (M–F, 3–7pm) | 82 degrees | 66 degrees |
| Asleep | 78 degrees or off | 60 degrees |
| Away | 86 degrees | 60 degrees |
To make temporary, short-term changes, follow the instructions provided with your smart thermostat or visit the manufacturer’s website.
Remember: Overriding your thermostat settings improperly can lead to higher energy bills.
Monitor Energy Usage
Track your daily, weekly, and monthly energy use with your smart thermostat’s built-in energy monitor. Then, you can adjust your habits or settings any time.
Set Up Geofencing
Automatically adjust the temperature to a more energy-efficient setting when no one is home. You’ll save energy and money, but come home to a comfortable temperature.
Chose Smart Accessories
Products like remote sensors can detect when people are in certain rooms and adjust the temperature to optimize your energy use. Your participating contractor can help you choose the products that are best for your home.
Did You Know?
If everyone used an ENERGY STAR certified smart thermostat, we could save $740 million while offsetting greenhouse gas emissions equivalent to over 1.4 million gasoline-powered passenger vehicles driven for one year.
Get Set for Savings in Every Season
Switch your smart thermostat to cooling and put the fan on "auto."
Set the temperature a little higher. Use fans with your A/C to increase comfort.
Switch your smart thermostat to heating.
Set the temperature a little lower. Wear warmer clothing and use blankets to increase comfort.
Busting Common Thermostat Myths
Keeping your thermostat at the same temperature all day long is not energy efficient.
The best way to stay comfortable and save money is to have different temperature settings during waking hours and sleeping hours. Save more by adjusting thermostat settings during peak hours when gas and electricity are in the highest demand or while you’re away from home.
Cranking the thermostat settings up or down will not heat or cool your home faster.
Making dramatic changes to your thermostat settings can be a costly mistake. If you need to change your settings, follow the manufacturer’sinstructions to adjust the temperature 1–2 degrees using a temporary hold.
What is a smart thermostat and why should I choose one?
For the average American household, almost half the annual energy bill goes to heating and cooling – more than $900 a year. Being smart about how you control your temperature settings will help you save money and stay comfortable in your home.
What is the difference between a smart thermostat and a programmable thermostat?
Programmable thermostats require user programming that is static until manually adjusted. Based on the latest research, homeowners generally don’t understand how programmable thermostats work and may not program them at all, which can lead to higher utility bills. Smart thermostats, by contrast, are designed to learn user preferences and/or automatically adjust settings based on occupancy and indoor and outdoor temperature.
What is the difference between an ENERGY STAR smart thermostat and other smart thermostats?
To earn the ENERGY STAR, smart thermostats must demonstrate annual savings based on installations in homes across the United States. This ensures that savings claims are based on real-world data and user interaction with the product, something lacking in previous efforts to recognize thermostat efficiency. In addition, ENERGY STAR smart thermostats are independently certified by EPA-recognized certification bodies.
Why choose an ENERGY STAR certified smart thermostat model?
A smart thermostat lets you control your home’s heating and cooling temperature settings from your smart device (phone, tablet, or computer). It uses a wireless connection, which allows you to control your home’s temperature and other features through an app.
What features should be considered when choosing a smart thermostat?
Each smart thermostat uses slightly different features to help homeowners save energy, so do your research, and choose the ENERGY STAR certified smart thermostat that's right for you.
Learning capabilities: Learns and adapts to your routine and your temperature preferences and automatically establishes a schedule that adjusts to energy-saving temperatures when you are asleep or away.
Geofencing: With your permission, your smart thermostat may use the app on your phone to detect when you are away or at home. When you leave the house and travel outside of a certain distance, the smart thermostat will lower the temperature (if in heat mode) or raise the temperature (if in cool mode). When you’re on your way home, the smart thermostat can automatically adjust your home’s temperature to your liking, so you arrive to a comfortable temperature.
Vacation mode: Lets the thermostat know when you will be gone from your home for longer periods of time to manage the temperature, avoiding frozen pipes in the winter and extreme heat in the summer.
Automatic updates: Updates software periodically to ensure it uses the latest algorithms and energy-saving features available.
- Sensors: Helps to manage extreme temperature differences in a home through either temperature or occupancy sensing technology.
- Temperature sensors work in single zone homes (meaning you have one HVAC system controlling the whole house) to monitor rooms with differing temperatures due to lack of insulation, sun exposure, etc. Sensors allow the smart thermostat to adjust the overall temperature to manage hot and cold spots, especially critical in larger homes.
- Occupancy sensors work to determine which rooms are the most high-traffic and prioritize managing their temperature, without sacrificing comfort in the rest of the house.
Voice assistant integration: Some smart thermostats are compatible with popular voice assistant programs, meaning you can simply ask the thermostat to turn the temperature up or down a few degrees, among other things.
Music streaming: Some smart thermostats contain a speaker that let you stream music right from your thermostat.