We demonstrate the possiblity to cool nanoelectronic systems in nonequilibrium situations by increasing the temperature of the environment. Such cooling by heating is possible for a variety of experimental conditions where the relevant transport-induced excitation processes become quenched and deexcitation processes are enhanced upon an increase of temperature. The phenomenon turns out to be robust with respect to all relevant parameters. It is especially pronounced for higher bias voltages and weak to moderate coupling. Our findings have implications for open quantum systems in general, where electron transport is coupled to mechanical (phononic) or photonic degrees of freedom. In particular, molecular junctions with rigid tunneling pathways or quantum dot circuit QED systems meet the required conditions.