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Nest E Thermostat - FREE AFTER REBATES/OFFERS for Chicago Area Homeowners with ComEd and Nicor

+18 Deal Score
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This is limited to Chicago area homeowners who have ComEd for electrical service and Nicor for gas service.

ComEd Marketplace is selling Nest E for $84.50 [comedmarketplace.com] (1/2 instant rebate).

Nicor is offering a $50 mail-in rebate [nicorgasrebates.com].

ComEd is offering $40 Rush Hour Reward [nest.com] (applies each summer, has been offered for past several years).

$84.50 (Discounted Nest E)
-50.00 (Nicor MIR)
-40.00 (Rush Hour Reward)
---------
-$5.50 (money maker - before tax, so after tax it's basically FREE)
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Created 10-08-2017 at 05:29 AM by bob61
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24 Comments

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#2
has to be installed by a licensed contractor: will cost over $50

.
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#3
Quote from 80is
:
has to be installed by a licensed contractor: will cost over $50

.
No it doesn't, homeowner can install thermostat. Perhaps read the forms?
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Last edited by bob61 October 8, 2017 at 12:38 PM.
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#4
Interesting - post something that is free after rebates and there's a thumb down for "Not a good price", um like, whatever...
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#5
Quote from bob61
:
Interesting - post something that is free after rebates and there's a thumb down for "Not a good price", um like, whatever...
(Background- I don't have Comed) However, the thumbs down might have something to do with the 'rush hour' rewards and people NOT wanting their thermostats controlled by Comed. Just a guess- IDK for sure but that sure seems like a huge disadvantage for some households and quite an annoyance for $40 in savings. Anyway great post and great deal. (thumbs up)
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#6
Quote from spending2much
:
(Background- I don't have Comed) However, the thumbs down might have something to do with the 'rush hour' rewards and people NOT wanting their thermostats controlled by Comed. Just a guess- IDK for sure but that sure seems like a huge disadvantage for some households and quite an annoyance for $40 in savings. Anyway great post and great deal. (thumbs up)
Understandable, but most likely many people wouldn't be home to notice anything. And from what I've read the adjustment period is 3-4 hours, homes may be "pre-cooled" in advance to avoid spiking the power grid during peak times. If someone is home and temp isn't comfortable one can raise or lower the temp to override. And if someone didn't want to opt into the program that still makes the price $40.

I found this which I found interesting - Our first Rush Hour Rewards results [nest.com].
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#7
Can we get the discount without installing it.
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#8
Heads up, must have central a/c also for instant rebate.
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#9
-40.00 (Rush Hour Reward) does not require a nest thermostat. I have been getting it for years. OP should be updated to removed that from the price.
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#10
Quote from bob61
:
Understandable, but most likely many people wouldn't be home to notice anything. And from what I've read the adjustment period is 3-4 hours, homes may be "pre-cooled" in advance to avoid spiking the power grid during peak times. If someone is home and temp isn't comfortable one can raise or lower the temp to override. And if someone didn't want to opt into the program that still makes the price $40.

I found this which I found interesting - Our first Rush Hour Rewards results [nest.com].
Great article- Thank you. I have a relative in Austin and forwarded it to them. They have a fairly busy family and doubt that they would have found this on their own. Can't thumbs up you again because I already did, but I am pretty sure that more thumbs up are going to come your way as a result of this post. I'd guess another part of the thumbs down also came from people who aren't able to get in on this great deal! Hoping that my cousin can get this rebate and send me one at her costs if she orders two.
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Last edited by spending2much October 8, 2017 at 07:00 PM.
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#11
Quote from gomike
:
-40.00 (Rush Hour Reward) does not require a nest thermostat. I have been getting it for years. OP should be updated to removed that from the price.
I think you are confusing Rush Hour Rewards with Peak Time Savings [comed.com]. They are fundamentally different.

Peak Time Savings is offered by ComEd and sign-up is on ComEd's site.

The Rush Hour Rewards Program is Nest's program, sign-up is on Nest's site. As stated on ComEd's site [comed.com] "ComEd has worked with Nest to bring you these energy saving features with up to $40 in incentives".

Now what may be interesting is if you can sign up for both.
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#12
Quote from bob61
:
I think you are confusing Rush Hour Rewards with Peak Time Savings [comed.com]. They are fundamentally different.

Peak Time Savings is offered by ComEd and sign-up is on ComEd's site.

The Rush Hour Rewards Program is Nest's program, sign-up is on Nest's site. As stated on ComEd's site [comed.com] "ComEd has worked with Nest to bring you these energy saving features with up to $40 in incentives".

Now what may be interesting is if you can sign up for both.
So we can get both?
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#13
Quote from gomike
:
So we can get both?
No. As stated in Nest's information:
Quote :
You are not eligible to participate in Rush Hour Rewards if you are currently signed up for ComEd's Peak Time Savings Program or ComEd's Central Air Conditioning Cycling Program using a direct load control switch.

But the programs are different. PTS earns credits for reducing your electrical use and includes delaying use of dishwasher, vacuum, clothes dryer, lighting and electronics. In addition setting thermostat back. It also requires that you have a smart meter. According to the FAQ [comed.com]:
Quote :
"ComEd uses a formula based on your typical usage history to predict how much electricity you would normally have used during the Peak Time Savings Hours event. After this number is normalized for weather and other variables, ComEd then subtracts the amount of electricity that you actually used to determine how much electricity you saved. For every kilowatt-hour (kWh) of electricity you save, you will earn a credit of $1.00, which will appear as dollars off your total amount due, on your next ComEd bill or the following bill."
So if you don't reduce any energy use, you get nothing.

With RHRP you get $40/yr ($10/mo for each summer month) for just participating in the program. You aren't required to have a smart meter either.
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#14
Quote from gomike
:
-40.00 (Rush Hour Reward) does not require a nest thermostat. I have been getting it for years. OP should be updated to removed that from the price.
Also should be noted that you get those rewards in $10 increments over 4 months.
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#15
Interesting. Going to think about this one.
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