MLGW has partnered with the Tennessee Valley Authority to launch Smart Thermostat Rewards, a new program that pays residential customers for conserving energy when electricity demand spikes. The program is designed to help customers lower their energy bills while creating a more resilient and sustainable power grid.

TVA will pay Smart Thermostat Rewards program participants $65 for enrolling in the program, plus an additional annual incentive of up to $65 if they participate in at least 65% of the energy saving events. Customers who participate will allow their thermostat to be temporarily adjusted—by no more than four degrees for no more than four hours—on high energy demand days. Thermostat companies, not MLGW or TVA, will make the temperature adjustment remotely. Participants will receive an in-app notification of each energy event from their thermostat company and may choose to opt-out of events at any time, maintaining full control of their thermostat.

To enroll, participants must:

· Be an MLGW residential customer.

· Have an eligible Wi-Fi enabled smart thermostat in the home or purchase a smart thermostat through the program.

· Maintain an always-on and stable home Wi-Fi network connected to the internet.

· Have an HVAC unit connected to their smart thermostat.

“We are empowering customers to be smart energy consumers while helping them enjoy the financial benefits of energy conservation,” said MLGW President & CEO Doug McGowen. “Integrating the power grid with smart home technologies will help meet our region’s growing energy needs while saving consumers money on their power bills.”

Memphis Light, Gas and Water is the largest three-service public power utility in the nation, serving the residents of Memphis and Shelby County, Tennessee since 1939. MLGW consistently provides customers with rates that are amongst the lowest in the nation and stewards a water supply from artesian wells that is minimally treated. Actively engaged in promoting the prosperity of Memphis and Shelby County, MLGW supports the seven local chambers in its service area and makes doing business with local, minority- and women-owned business a priority. Deeply rooted in the community, its employees generously donate time and money in support of bettering the Greater Memphis area.