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Equal effective masses and equal spin and valley degeneracies give electron-hole symmetry. In the intrinsic semiconductor, charge neutrality requires equal numbers of conduction band electrons and valence band holes. It therefore pins the chemical potential to the band touching point, $\mu =0$. The Fermi-Dirac distribution givesMeasured relative to the filled valence band at zero temperature, the thermal internal energy includes both species. Removing a valence band electron at $-E$ costs the positive hole energy $E$, just as adding a conduction band electron at $E$ does. HenceDifferentiate at fixed area and fixed total electronic particle number, allowing creation of electron-hole pairs:There is no conflict with the equipartition theorem. The normalization $N_c$ counts only the excited conduction band electrons, while the heat capacity includes both electrons and holes; moreover, $N_c\propto T$ is not fixed. In fact $\Delta U/N_c={\pi }^2{k}_{B}T/(6\ln 2)$, and differentiating $N_c(T)$ supplies another equal contribution to the heat capacity. Finally, $\mu =0$ gives occupation $1/2$ at the touching point, so the excitation gas is not in the classical dilute limit even though $k_{B}T$ exceeds the vanishing band gap.