Reduce energy use and costs by making your home more energy efficient. Simple upgrades in your home will save energy, increase your comfort and help protect the environment.

Take advantage of these cash-back rebates that make energy efficient, high-quality products affordable plus, save you energy for years to come.

Rebates are Easy

Energy Saving Product Rebates – Purchase qualifying ENERGY STAR® products at your local store or online, install the products and submit your rebate application.

  • Heat Pump Water Heater
  • Pool Pumps
  • Ceiling Fan
  • Dehumidifier

Heating and Cooling Rebates – Your local contractor will help you choose from the qualifying products and guide you through the steps to submit your rebate application.

  • Air Source Heat Pump
  • Ductless Heat Pump
  • Central Air Conditioner – Indiana Only: Rebates are no longer available for Central Air Conditioners purchased in 2017.
  • WiFi / Smart Thermostat
  • IM Home and a Smart Thermostat
  • Electronically Commutated Motor (ECM) Furnace Fan

Upgrade Your Comfort – Save Energy with Heating and Cooling Rebates brochure.

If you need help finding a contractor*:

      *These contractors are not affiliated with I&M. I&M does not make any promise, warranty or representation regarding work performed by the contractors. Please contact several contractors to compare prices and available equipment.

      To be eligible for a rebate, you must meet the following criteria.

      1. 1. Be an I&M residential customer.
      2. 2. Products must be purchased and installed by December 14, 2017.
      3. 3. Rebate application must be received by December 14, 2017.
      4. 4. Rebate application must be received within 60 days of product purchase and installation.
      5. 5. Equipment must be new and meet the specifications listed in the rebate application.
      6. 6. The rebate cannot exceed the cost of equipment, excluding installation cost.
      7. 7. Review the specific product rebate application for qualifying terms and conditions.
      HVAC ProductsIndiana RebateMichigan Rebate
      Air Source Heat Pump
      SEER 15 / HSPF => 8.2$200$500
      SEER 16 / HSPF => 8.7$300$600
      SEER 17 / HSPF => 9.2$400$700
      SEER 18 / HSPF => 10.1$500
      Ductless Heat Pump
      Replacement
      (Must replace heat pump.)
      1 Ton2 Ton> 3 Ton1
      Ton
      1-1.5 Ton> 1.5 Ton
      SEER 17 / HSPF => 9.5$35$70$105
      SEER 19 / HSPF => 9.5$75$150$225
      SEER 21 / HSPF => 10$90$180$270$500$1,000$1,500
      SEER 23 / HSPF => 10$100$200$300
      Displacement
      (Must replace electric resistance.)
      1 Ton2 Ton> 3 Ton1 Ton1-1.5 Ton> 1.5 Ton
      SEER 17 / HSPF => 9.5$100$200$300
      SEER 19 / HSPF => 9.5$135$270$405
      SEER 21 / HSPF => 10$180$360$540
      SEER 23 / HSPF => 10$190$380$570
      Central Air Conditioner
      SEER 15 / EER => 12$200$250
      SEER 16 / EER => 13$300$300
      SEER 17 / EER => 13$400$400
      WiFi / Smart Thermostat
      (Electric Heat or Central Air Conditioning)
      $100$100
      IM Home and a Smart Thermostat
      ecobee 3 Lite Thermostat$75
      ecobee 3 Thermostat$100
      ecobee 4 Thermostat$100
      Installation by Technician$125
      Electronically Commutated Motor (ECM) Furnace Fan$150$150
      Home Energy Products* /
      ENERGY STAR®
      Indiana RebateMichigan Rebate
      Heat Pump Water Heater
      EF >= 2.0
      $350$350
      Pool Pump
      Multiple Speed$100$100
      Variable Speed$200$200
      Ceiling Fan$25$10
      Dehumidifier$25$25

      * Purchase at your local store or online

      Home Energy Product Rebates

      See the Rebate Chart for specific product and rebate details.

      Heat Pump Water Heater

      Heat pump water heaters are 2-3 times more efficient than standard electric models. ENERGY STAR® heat pump water heaters can save you almost $300 a year on energy bills – and if you have a large family you will save even more.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Pool Pumps

      Upgrade to an ENERGY STAR® pool pump and you will save thousands over the life of the pump. Rebates are available for both multiple and variable speed pool pumps.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Ceiling Fans

      ENERGY STAR® ceiling fans move the air 20% more efficiently than standard models.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Dehumidifier

      Dehumidifiers with ENERGY STAR® certification use 30% percent less energy than standard models. The annual energy saved by an ENERGY STAR® dehumidifier could power your ENERGY STAR® refrigerator for 4 months!

      Rebate Application: Online or Paper

      Heating and Cooling (HVAC) Product Rebates

      See the Rebate Chart for specific product and rebate details.

      Nearly 50% of your energy use is for heating and cooling. Upgrade your HVAC equipment to:

      • Significantly reduce your energy use
      • Make your home more comfortable
      • Improve air quality
      • Fix uneven temperature spots
      • Help protect the environment

      Air Source Heat Pump

      Heat pumps are an energy-efficient substitute to furnaces and air conditioners. Like your refrigerator, they use electricity to move heat from one place to another. Even in air that seems cold, heat energy is present. When it’s cold outside, heat pumps take outside heat and move it inside. When it’s warm outside, they reverse this process to push unwanted heat outside. Air source heat pumps use air-to-air exchange and are less expensive to install than ground-source heat pumps, while delivering 1½ – 3 times more heat to your home than the electrical energy they use.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Ductless Heat Pump

      Ductless heat pumps are perfect for heating and cooling specific areas of your home. They are easy to install and offer a flexible low-cost solution for areas where ductwork doesn’t exist or can’t be installed. A ductless heat pump operates at a fraction of the cost of baseboard or ceiling cable heating.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Central Air Conditioner

      If your central air conditioner is older, upgrading to a new, highly efficient unit will substantially lower the amount of electricity used to cool your home.

      Indiana Only: Rebates are no longer available for Central Air Conditioners purchased in 2017.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      WiFi / Smart Thermostat

      WiFi or smart thermostats allow you to control your home’s temperature via your phone from anywhere, anytime. Some smart thermostats learn your schedule to customize a home energy plan and give you energy savings.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      IM Home and a Smart Thermostat

      IM Home works with a smart thermostat to help you save even more energy. With a simple app on your Apple or Android phone, you can control your home’s temperature from anywhere, anytime – plus manage energy costs. Based on your schedule and local weather, IM Home picks the best time to cool your home using the least amount of energy. During high energy use times, it may adjust the temperature by a few degrees to give you more energy savings.

      Indiana Rebate Application: Online
      Michigan: IM Home is currently not available in Michigan.

      Electronically Commutated Motor (ECM) Furnace Fan

      Furnaces with Electronically Commutated Motors (ECM) are much quieter and use less energy than conventional furnace fan motors. The ECM fan motor rebate can’t be combined with a heat pump rebate.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Congratulations on buying an energy efficient product. You will save energy, increase your comfort and help protect the environment.

      You may submit your application online, email or USPS mail. You will receive your rebate sooner if you complete the online application. Hard copy application can be downloaded and emailed or send USPS mail. To speed up processing, submit all eligible equipment on one application.

      You must include a copy of your dated sales receipt and/or invoice showing the manufacturer, model number and price of the eligible product purchased. Incomplete information will delay or disqualify your rebate.

      Product offerings and rebates are subject to change without notice. See the specific rebate application for Terms & Conditions.

      All applications must be received by December 14, 2017.

      Applications

      Heating and Cooling Equipment

      (Heat Pump, Central AC, Smart Thermostat, ECM Furnace Fan)

      Indiana Only: Rebates are no longer available for Central Air Conditioners purchased in 2017.

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      IM Home and a Smart Thermostat

      Indiana Rebate Application: Online
      Michigan: IM Home is currently not available in Michigan.

      Pool Pumps

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Heat Pump Water Heater

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Dehumidifier

      Rebate Application: Online or Paper

      Ceiling Fan

      Indiana Rebate Application: Online or Paper
      Michigan Rebate Application: Online or Paper

      Submit Your Rebate

      Online: Apply online to receive your rebate sooner.

      Email: HomeEnergyProducts@AEP.com

      Mail:Indiana Michigan Power
      Home Energy Products Program
      PO Box 60
      Fort Wayne, IN 46801

      Thank you for participating in this program. An independent program evaluator may contact you to ask questions about the products and energy efficiency. If you would like more programs like this, please let them know.

      What do you need for proof-of-purchase?

      A dated sales receipt is required as proof of purchase. It must include:

      • Retailer or contractor name, address and phone number
      • Itemized listing of product(s)
      • Model number(s) or other identifying information
      • Purchase price
      • Proof it is paid in full
      • Receipt information must match the product information on the rebate application

      In addition, Heating and Cooling Rebates require:

      • Contractor’s invoice marked paid in full or showing zero balance
      • A copy of the product’s AHRI or manufacturer specification sheet indicating product efficiency

      Product efficiency can be found on the AHRI Database.

      What is the HVAC Program Quality Assurance?

      All HVAC equipment rebate applications are subject to a random quality assurance inspection. This is an onsite inspection to verify equipment installation. You do not need to be home for the inspection, unless the equipment is inside your home.

      Where is the rebate check mailed?

      Rebate checks will be mailed to the account holder at the mailing address on record with I&M.

      Who is the rebate made payable to?

      Rebate checks will be issued to the account holder at the mailing address on record with I&M.

      Can I get a rebate on more than one product?

      Yes. To speed up processing, submit all eligible equipment on one rebate application.

      How long until I get my rebate check?

      Please allow 4-6 weeks for your rebate check to arrive.

      Who do I call for a status on my rebate?

      Please call 855-231-5274.

      Save More with Rebates and Discounts

      I&M has a range of products, rebates and discounts to help you make easy energy saving upgrades to your home. These include:

      • Online Energy Checkup – Helps you understand where you’re using energy, so you can take steps to reduce it. You will also get a kit, valued at $25, of energy saving products.
      • IM Home – Save up to $161 a year with IM Home and a Smart Thermostat.
      • Appliance Recycling – Recycle your old, working fridge or freezer and get $40.
      • Home Energy Checkup / Weatherproofing – The Home Energy Checkup, a $430 value, is available to customers with electric heat for no additional charge.* I&M will also pay up to $3,000 in weatherproofing upgrades.