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Get $25 and Earn Bill Credits for Saving Energy
Power Rewards: A Smart Thermostat pays you to reduce energy use during periods when energy demand is highest, earning you bill credits. Plus, you will receive $25 just for enrolling.
By optimizing the electrical grid during high-energy demand periods, you not only save, you help us use more renewable sources of energy. This enables us to keep energy more affordable and accessible, while helping the environment and 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 Summer Bill Credits
When energy use is high, on hot and humid days, I&M will hold a Peak Energy Event. During the event, your thermostat will be adjusted a few degrees 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–$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.
Get Connected
After you sign up, we will receive a $25 bill credit that will show up on your next month’s bill.
Prior to an event, we will post a “Peak Energy Event” alert on our website letting you know when the event will start and stop.
Reduce Energy Use
During an event, your thermostat will be adjusted by a few degrees 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 thermostat will signal your AC system to return the temperature to your normal setting and schedule.
Earn Bill Credits
You earn a $1.95–$2.40 credit per event, depending on the state you reside.
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.
Contact Us
FAQs
- Must be an I&M residential customer
- Use an eligible internet-connected smart 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.
| Provider | Eligible Thermostats |
|---|---|
| Alarm.com | 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; Linear Thermostat; Smart Thermostat HD (ADC T40K-HD); ADC T3000, ADC T2000, ecobee Thermostat, Honeywell T6 |
| Amazon | Amazon Smart Thermostat |
| ecobee | ecobee3, ecobee3 Lite, ecobee4, ecobee SmartThermostat with voice control, Smart Thermostat Enhanced, Smart Thermostat Premium |
| Google Nest | Google Nest Thermostat, Google Nest Learning Thermostat, Google Nest Thermostat E |
| Honeywell Home | Wi-Fi T5+ Smart Thermostat, Wi-Fi T6 Pro Smart Thermostat, Wi-Fi T9 Smart Thermostat, Wi-Fi T10 Smart Thermostat |
| Honeywell TCC | Wi-Fi Smart Color Thermostat, Wi-Fi 7-Day Programmable Thermostat, Wi-Fi 9000 7-Day Programmable Thermostat, Wi-Fi 9000 Smart Thermostat, Wi-Fi 7-Day Programmable Smart Thermostat, Wi-Fi VisionPro 8000 Smart Thermostat, Wi-Fi Round Smart Thermostat |
| Lux | LUX/GEO, LUX KONO |
| Sensi | Sensi™ Wi-Fi Programmable Thermostat, Sensi Touch Wi-Fi Thermostat, Sensi Lite Smart Thermostat, Sensi Touch 2 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
The Terms & Conditions for each manufacturer and program are below:
You must participate in the program for at least 12 months to receive the $25 incentive check. If you want to unenroll after 12 months, 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
Home Energy Checkup–Income Qualified
Connect with an energy expert and weather-proof your home for FREE.
Power Rewards: Smart Thermostat
Earn bill credits and get $25 by allowing your smart thermostat to automatically adjust your air conditioner when energy demand is high.
Power Rewards: iControl
Earn bill credits for reducing your energy use when energy demand is high.
Home Energy Profile
Answer a few questions about your home’s energy usage and get a FREE Energy-saving Kit.
Instant Equipment Discounts
Instant HVAC and water heating discounts are provided by a participating contractor.
Power Rewards
Find which Power Rewards program matches your home by answering a few easy questions.
*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.