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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 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 Wi-Fi / 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 $1.95 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.


Get Connected

After you sign up, we will mail you a $25 check.

Prior to an event, we will post a “Peak Energy Use Event” alert on our websites letting you know when the event will start and stop.


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 during the typical 2-3 hour event. Once the event is over, your thermostat will trigger your AC system to automatically adjust the temperature to your normal setting and schedule.



Earn Bill Credits

You earn a $1.95 bill credit per event.

Which IM Power Reward is for You?

For help determining the IM 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.

Contact Us

Please email us or call 800-311-4634.



What are the rules/qualifications?


  • 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 the 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 chart for details.


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.


Is the program voluntary?   


IM Power Rewards: Smart Thermostat is voluntary. However, you must remain in the program for at least 12 months.


Will I notice a temperature change in my home during events?


Most customers report a small change in temperature with minimal impact to comfort. The potential temperature change during events depends on a variety of factors, including the temperature outside, the business’s insulation, if blinds/curtains are closed.


How many thermostats can I enroll?


You can enroll as many thermostats as you like; however, there is a maximum of two $25 enrollment incentives per account lifetime


Can I enroll in multiple IM Power Rewards programs?


Yes, many of our programs are compatible. However, you cannot participate in the following when enrolled in IM Power Rewards: Smart Thermostat.

  • IM Power Rewards: iControl
  • IM Power Rewards: Home AC
  • Critical Peak Pricing
  • Time of Day 2


What are the Terms & Conditions?


The Terms & Conditions can be found here for ecobee and here for Honeywell Home thermostats. The T&C’s for the program prior to 2021 can be found here.



How do I unenroll from IM Power Rewards: Smart Thermostat?


You must remain in the program for 12 months. 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.

Tip of the Day

TIP #12
If your dishwasher has a “booster” water heater, use it. This will heat the water to the 140°F degrees recommended by manufacturers, while maintaining an energy-saving 120°F degrees on your water heater.
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*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.