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Reduce Energy Use, Earn Bill Credits and Get $25
Power Rewards: Smart Thermostat pays you to reduce energy use when energy demand is high. Plus, you will receive $25 just for enrolling. Your smart thermostat will automatically adjust your air conditioner when energy demand is high, and you can earn bill credits.
Shifting energy use away from high-demand periods allows us to rely on more renewable sources of energy during peak times. This helps keep prices more affordable for you and your community, plus it helps the environment by reducing our carbon footprint.
Your smart thermostat will also help you save year-round. It makes it easy and convenient to manage your home’s energy use and bill. You can adjust your thermostat on the go or simply set an automatic schedule to optimize your energy usage based on your routine.
Get Bill Credits This Summer
When energy use is high, on hot and humid days, I&M will hold a Peak Energy Use Event. During the event, your thermostat will cycle your AC compressor to reduce the high-energy demand on the grid. Your central AC fan will continue to circulate air throughout your home. This will affect the temperature by a few degrees, with minimal impact on comfort.
You can opt out of an event at any time, for any reason. Once the typical 2-3 hours event is over, your thermostat will trigger your AC system to automatically adjust the temperature to your normal setting and schedule.
You will earn $2.40 per event*. With up to 15 events per summer, the savings can add up! And you probably won’t even notice an event is taking place.
Which Power Reward is for You?
For help determining the Power Reward program that matches you and your home, use the quick selection tool or review this chart. If you need help, please contact us.
- Must be an I&M residential customer
- Use an eligible internet-connected thermostat for cooling
- Have continuous Wi-Fi/internet
- Have central air conditioning
Prior to a Peak Energy Event, we will post a “Peak Energy Event” Alert on our ElectricIdeas.com and IndianaMichiganPower.com letting you know when the event will start and stop. Depending on your thermostat provider, notifications may appear on the thermostat or in your web or mobile application.
Events typically occur on especially hot and humid days. They are held weekdays from May through September and typically last 2-3 hours, but will not last longer than 6 hours. There is a maximum of 15 events per summer.
You must participate in at least 50% of the event’s duration to receive the bill credit.
Wi-Fi and Smart Thermostat both qualify. Please see the chart below for details.
|Alarm.com||Radio Thermostat CT30|
Trane ComfortLink Control
RCS Z-Wave Communicating Thermostat
GoControl Z-wave Thermostat
Alarm.com Smart Thermostat
2GIG Z-Wave Plus™ Battery Powered Thermostat
Trane Z-Wave Thermostat
|Amazon||Amazon Smart Thermostat|
ecobee SmartThermostat with Voice Control
|Emerson||Sensi™ Wi-Fi Programmable Thermostat|
Sensi Touch Wi-Fi Thermostat
|Google Nest||Google Nest Thermostat|
Google Nest Learning Thermostat
Google Nest Thermostat E
|Honeywell Home||Wi-Fi Smart Color Thermostat|
Wi-Fi 7-Day Programmable Thermostat
Wi-Fi 9000 7 Day Programmable Thermostat
9000 Smart Thermostat
7-Day Programmable Thermostat
VisionPro 8000 Smart Thermostat
Round Smart Thermostat
T5+ Smart Thermostat
T6 Lyric Smart Thermostat
T6 Pro Smart Thermostat
T9 Smart Thermostat
T10 Smart Thermostat
Yes. At any time during an event, you can opt out from your smart thermostat, mobile device or web app. However, when you opt-out you may not get the bill credit or energy savings.
You must participate in the program for at least 12 months.
The temperature will likely rise by a few degrees during an event. However, most people report little change to their comfort.The potential temperature change during events depends on a variety of factors, including the temperature outside, the home’s insulation, and if blinds/curtains are closed.
To find easy ways to help keep your home cool, see our collection of energy-saving tips.
You can enroll as many thermostats as you like; however, there is a maximum of two $25 enrollment incentives per account lifetime.
Yes, you can help save even more by joining other Power Rewards programs. However, you cannot participate in the following when enrolled in Power Rewards: Smart Thermostat.
- Power Rewards: iControl
- Power Rewards: Home AC
- Critical Peak Pricing
- Time of Day 2
You must participate in the program for at least 12 months. If you want to unenroll at that time, send an email requesting to end your participation in Power Rewards: Smart Thermostat. Unenrolling will end your participation for all of your enrolled thermostats. Once you unenroll, you will not receive bill credits.
Explore More Ways to Save
Get an in-home weatherproofing checkup and $75 of energy-saving products—for FREE.
Shop for energy-saving products from the comfort of your home and start saving today.
*During Peak Energy Events, exercise discretion and consider health impacts when reducing energy use. Your actual savings will vary, so there is no guarantee of savings. Product offerings and rebates are subject to change without notice. See the specific rebate application for Terms & Conditions.