Reduce Energy Use and Earn Bill Credits
IM Power Rewards: Water Heater pays you to reduce your energy use when energy demand is high. I&M will automatically adjust your water heater during these peak times, 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.
Get Bill Credits this Summer
When energy use is high, on hot and humid days, I&M will hold a Peak Energy Use Event. You can select from three different participation levels and earn up to $1.10 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.
Your water heater is designed to store hot water for many hours between uses. During the typical 2-3 hour event, additional water will not be heated to conserve energy. Typically, 99% of customers never run out of hot water even though it’s not being actively heated. You’ll still have hot water when you need it. You can opt out of an event, at any time and for any reason.
It’s Easy! Here’s How It Works
We’ll install a small device on your water heater—for no charge.
Prior to an event, we will post a “Peak Energy Use Event” alert on our web sites letting you know when the event will start and stop.
Reduce Energy Use
During an event, we will send a signal to your water heater to not heat additional water. This conserves energy and reduces high demand on the energy grid. Typically, 99% of customers don’t run out of hot water during an event.
When the event is over, the device will signal your water heater to return the temperature to your normal setting.
Earn Bill Credits
You earn up to a $1.10 bill credit per event.
Enroll Now to Start Saving
Select Your Participation Level
When you enroll, you can select your participation level. You can not change levels after you enroll.
- Bill credit: $.80 per event.
- Participation: 1 hour per event.
- 99% of users won’t run out of hot water during an event.
- Bill credit: $1.00 per event.
- Participation: 2 hours per event.
- 95% of users won’t run out of hot water during an event.
- Bill credit: $1.10 per event.
- Participation: 3 hours per event.
- 90% of users won’t run out of hot water during an event. This level is not recommended for high water users.
What are the rules / qualifications?
- I&M residential customer.
- 65 years or older and/or income-qualified.
- Live in a multi-family home (apartment, condo, duplex).
- Have an electric water heater. No heat pump water heaters.
How will I know that an event is in progress?
When do events occur?
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 are a maximum of 15 events per summer.
When will I receive my bill credit?
You will receive the bill credits on the next month’s bill.
Can I opt out of an event?
You can opt out of an event using the Armada Power Mobile App which can be downloaded from the AppStore or iTunes. You can also call Customer Service at 800-311-4634 to opt out. If you opt out of the event, you will not receive bill credits.
Can I monitor my water heater?
The optional Armada Power Mobile App can be downloaded from the AppStore or iTunes. With the app, you can receive maintenance alerts, shut off your tank when you are on vacation and more. However, you don’t need the app to participate in an event.
Is the program voluntary? How long is my commitment
Is there a cost for the device?
There is no charge for the device or the installation.
Do I need to be home to have the device installed?
Yes, someone 18 years or older must be home. The installation will only take about 15 minutes.
Does the device affect the warranty of the Water Heater unit? What will the device look like?
When you sign up for IM Power Rewards: Water Heater, you agree to allow a licensed contractor, hired by I&M, to install a small device on your water heater—for no charge. The device won’t harm your water heater in any way. All of the thermostats, over temperature protection devices, and pressure relief valves are untouched by the installation process.
How do I know if I have a Smart Meter?
Smart Meters (AMI) have a blue label while standard meters have a red label.
Can I enroll in multiple IM Power Rewards programs?
Yes, you can help save even more by joining other IM Power Rewards programs. However, you cannot participate in the following when enrolled in IM Power Rewards: Water Heater.
- IM Power Rewards: iControl
- Time of Day 2
- Critical Peak Pricing
What are the Terms & Conditions?
How do I unenroll from IM Power Rewards: Water Heaters?
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 the IM Power Rewards: Water Heater program. Once you unenroll, you will not receive bill credits.
*During Peak Energy Use 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.