In situ reduction of graphene oxide (GO) at moderate temperatures within a polymer was observed using differential scanning calorimetry (DSC). Comparison of heats of reduction from DSC data in poly(vinylpyrrolidone), poly(vinyl acetate), and poly(vinylpyrrolidone/vinyl acetate) nanocomposites demonstrates that the polymer chemistry strongly influences the extent of reduction. These results are compared to the time-temperature relationship for GO reduction in air and in dimethylformamide at the same temperatures, determined through changes in the atomic carbon-to-oxygen ratio. GO reduction was independently confirmed by electrical conductivity and optical absorption measurements, as well as Raman spectroscopy. These results show that GO sheets are reduced depending on the time-temperature history and polymer chemistry at the particles' location. For nanocomposites this can lead to improvement or reduction of desired properties and is thus pertinent to thermal processing of polymer nanocomposites based on functionalized graphene.