UPDATE: This link is years old and the page is no longer found...
I don't really know what area PSE&G serves - I think it's back East.
But thanks to Yan and his discussion about thermostats/temperatures I found this program offered by this utility company.
Overview of the program:
PSE&G’s Cool Customer Program is a way for our electric customers to help us minimize the impact of high energy demand on the electric system which maintains the reliability of the system and reduces the likelihood of blackouts due to high energy usage. At the same time, it will help customers conserve energy, save money, and help protect the environment. Program participants receive a professionally installed state-of-the-art programmable thermostat. If summer energy demand in our service area is extremely high, this device allows PSE&G to cycle your central air conditioner compressor on and off to limit the demand on the electric system. In exchange for allowing PSE&G to cycle your central air conditioner on and off, you will receive credits on your summer PSE&G bills.
Incentives for residential customers
If you already participate in the Cool Customer Program and wish to continue participation, or you are signing up as a new participant, you will receive the following incentives:
Programmable thermostat – residential customers will receive:
* a FREE state-of –the-art digital display programmable thermostat with large touch screen, installed at no extra charge (a $300 value) that can be programmed to fit your personal schedule and comfort level to save energy and money; plus
* a one-time $50 credit on your electric bill.
Cycling switch – residential customers will receive:
* a $4.00 credit on your electric bill for each of the summer months you participate, June-September (a total of $16), plus
* $1.00 per cycling event.