Tuesday, May 14, 2013

How to Save $40 on Your Electric Bill

How to save $40 this summer on your AEP bill….

If you live in Indiana, log in to http://indianamichiganpower.com/save . If you live in a different state and you are an AEP customer, check your AEP web site for more details.

Click the Residential Peak Reduction tab in the lefthand column.

In order to qualify:

  • You must be an I&M customer living in Indiana.
  • Your home must have central air conditioning in good working condition. Window and wall air conditioning units do not qualify for the program.
  • You must own your home or have the property owner’s permission to participate.

Click enroll online.

Have your bill handy, as you will need your account number.

Agree to allow authorized Indiana Michigan Power representatives to install a control device on your home near your outside air conditioning unit. This device will allow Indiana Michigan Power to adjust the air conditioner compressor so it will run at 50 percent cycling during periods of high electricity demand May through September on non-holiday weekdays ending by 8 p.m., not to exceed fifteen non-emergency and ten emergency events per year.

By participating in this important program, you are helping to reduce peak demand on the electric grid and promote the reliability of electric service when it is needed most. As a program participant, you will receive an $8.00 monthly bill credit during the months of May through September, totaling $40 per year.