In this work, silicone/carbon nanotube (CNT) composites were produced using a spread coating process, followed by morphological investigations and determination of their electrical properties and heating behaviour through the application of electric potential. Composites containing varying amounts of CNT (1–7%) were investigated for their thermal behaviour with the use of an IR camera. Subsequently, thermal behaviour and electrical properties were measured when the samples were stretched (up to 20%). With the 7% CNT composites, which had a conductivity of 106 S/m, it was possible to achieve a temperature of 155 °C at a relatively low voltage of 23 V. For high CNT contents, when the potential was controlled in such a way as to maintain the temperature well below 100 °C, the temperature remained almost constant at all levels of strain investigated. At higher potentials yielding temperatures around 100 °C and above, stretching had a drastic effect on temperature. These results are critical for designing composites for dynamic applications requiring a material whose properties remain stable under strain.