Reduce Energy Use, Earn Bill Credits and Get $25
IM Power Rewards: Smart Thermostat pays you to reduce energy use when energy demand is high. Plus, you will receive $25 just for enrolling. I&M will automatically adjust your air conditioner 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.
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 smart 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 smart 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.
It’s Easy! Here’s How It Works.
Reduce Energy Use
During an event, your A/C compressor will cycle to reduce the high energy demand on the grid. Your central AC fan will continue to circulate air throughout your home. When the event is over, your smart thermostat will signal your AC system to return the temperature to your normal setting and schedule.
Earn Bill Credits
You earn a $2.40 bill credit per event.
What are the rules / qualifications for IM Power Rewards: Smart Thermostat?
- I&M residential customer.
- Use an eligible internet-connected thermostat for cooling.
- Have continuous Wi-Fi/internet.
- Have central air conditioning.
How will I know that an event is in progress?
Prior to a Peak Energy Use Event, we will post a “Peak Energy Use Event” Alert on our websites letting you know when the event will start and stop. Depending on your thermostat provider, notifications may appear on your smart thermostat or in your web or mobile application.
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.
Do I have to participate in the entire event to get a credit
You must participate at least 50% of the event’s duration to receive the bill credit.
Which thermostats qualify for IM Power Rewards: Smart Thermostat?
Wi-Fi and Smart Thermostat both qualify. Please see the chart below for details.
ecobee SmartThermostat with Voice Control
|Honeywell TCC||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
|Amazon||Amazon Smart Thermostat|
Can I opt out of an event?
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.
How long is my commitment?
You must participate in the program for at least 12 months.
Will I notice a temperature change in my home during events?
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 business’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.
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 IMPower Rewards: Smart Thermostat.
- IM Power Rewards: iControl
- IM Power Rewards: Home AC
- Critical Peak Pricing
- Time of Day 2
What are the Terms & Conditions?
How do I unenroll from IM Power Rewards: Smart Thermostat?
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 IM Power Rewards: Smart Thermostat. Unenrolling will end your participation for all of your enrolled thermostats. 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.