Purchasing a Compatible Smart Thermostat Installing a smart thermostat is a great way to reduce your energy use at home. A smart thermostat is a Wi-Fi-enabled device that automatically adjusts your home’s temperature. It’s convenient, easy to use and saves energy – and money. Get a $75 Rebate on Your Purchase: Shop online at Pepco's Marketplace for a compatible thermostat (ecobee, Emerson, and Honeywell Lyric models)and receive an instant rebate. Shop at any Maryland retailer and apply for your rebate through the Appliance Rebates Program. Learn more about available rebates from Pepco. When you purchase a smart thermostat that is compatible with Pepco Smart Home, you can: Manage your home's heating and cooling system from the Pepco Smart Home app on your mobile device. Set energy-saving rules for your smart thermostat when you’re asleep or away from home. Automatically adjust your home’s temperature as Pepco Smart Home learns your preferences. Monitor your energy use and temperature data in the Pepco Smart Home app to boost efficiency and savings.