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IM Green at Work Indiana

The IM Green program offers two simple on-bill tariff options for commercial customers in Indiana to support renewable energy.

Your participation includes a subscription to renewable energy certificates (RECs) that represent the environmental and renewable energy attributes of power provided to the grid.

The IM Green Local Renewable Program includes RECs from I&M’s solar and hydro generation assets and wind procurement.

The IM Green National Renewable Program includes RECs from renewable energy generation across U.S.

I&M commercial customers choose their participation level and receive a certificate each year to show how much your carbon footprint was lowered.

IM Green is a simple and easy way to connect with customers, employees and other stakeholders on your commitment to sustainability and renewable energy.

Net proceeds from your IM Green participation helps I&M reduce costs for all customers under our Fuel Cost Adjustment Rider.

How to Enroll

For more information on these options or to enroll, please E-mail IMGreen@aep.com or call 1.844.876.5273.

If you are ready to enroll, please have the following information ready when you call or included in your E-mail:

  • Account Name
  • Account Number
  • Your Preferred Participation Rate (from 10% to 100%, in increments of 10%), and
  • Your Preferred Renewable Energy Option (Local or National).

To better understand the anticipated cost of the options before you enroll, you can multiply the per KWh rates in the Local or National Renewable Option FAQ below to your annual or monthly energy use, which can be found on your monthly bill as shown below.

 

Indiana IM Green at Work FAQs

In 2020, Indiana Michigan Power (I&M) customers received approximately 5.8% of their energy from renewable resources. Featuring a balanced energy mix that includes solar, hydroelectric, and nuclear power, I&M’s generation capacity is more than 50% carbon-free; and actual energy delivered to customers in 2020 was 76% carbon-free. I&M and our parent company, American Electric Power, aim to achieve net zero carbon dioxide emissions by 2050. In the meantime, I&M intends to grow our renewable generation portfolio by 1,700 MWs by 2030.

The IM Green program in Indiana offers two simple on-bill tariff options for commercial & industrial customers in Indiana to support renewable energy. These options allow you to subscribe to renewable energy certificates (RECs) from solar, wind, hydro and biomass generation across various power markets.

We offer a Local Renewable Program option and a National Renewable Program option, and RECs from both options represent the renewable energy attributes of the power provided to local power grids to directly lower your organization’s carbon footprint.

IM Green is a simple, easy and cost-effective way to connect with your employees, customers and other stakeholders on your commitment to sustainability and renewable energy, especially for customers where installing solar panels or wind turbines on your own property may not be feasible or cost-effective.

The IM Green Local Renewable Program option includes RECs from renewable energy generation at I&M’s company owned-and-operated solar and hydro generation plants in Indiana, and Michigan, respectively, and from wind power we purchase from four Indiana wind generation plants.

The IM Green Local Renewable Option provides a unique opportunity for your organization to connect with and support renewable energy generated locally where your employees and customers live and work.

The IM Green National Renewable Program option includes RECs from nationally-available renewable resources across various power markets.

IM Green is a voluntary program, and if you choose to participate, the option you select and level of participation is your choice. Participation in either option can be from 10 percent to 100 percent of your monthly kilowatt-hours (kWh) of energy use, in increments of 10 percent, for a minimum 12-month commitment.

Your support for renewable energy is based on the option you select and your level of participation will be billed monthly on a per kWh basis as an additional line item on your bill. I&M then manages the administrative REC chain-of-custody activities annually on your behalf to lower your carbon footprint.

Based on I&M’s current state-approved tariff, the RECs you support under the Local Renewable Option in Indiana in 2021 currently cost $0.01690/kWh.

The table below shows costs for IM Green Local Renewable Options based on a commercial facility’s energy use of 10,000 kWh per month across a range of participation options.

Percentage of Your Organization's Energy Use Monthly Local Option Cost (Based on 10,000 KWh Monthly Energy Use)
10% $16.90
20% $33.80
30% $50.70
40% $67.60
50% $84.50
60% $101.40
70% $118.30
80% $135.20
90% $152.10
100% $169.00

Based on I&M’s current state-approved tariff, the RECs you support under the National Renewable Option in Indiana in 2021 currently cost $0.00456/kWh.

The table below shows costs for IM Green National Renewable Options based on a commercial facility’s energy use of 10,000 kWh per month across a range of participation options.

Percentage of Your Organization's Energy Use Monthly National Option Cost (Based on 10,000 KWh Monthly Energy Use)
10% $4.56
20% $9.12
30% $13.68
40% $18.24
50% $22.80
60% $27.36
70% $31.92
80% $36.48
90% $41.04
100% $45.60

The IM Green Local Renewable Option provides a unique opportunity for your organization to connect with and support renewable energy generated locally where your employees and customers live and work at a slight cost premium. The IM Green National Renewable Program option provides a lower cost option for organizations where the location of the renewable energy resource may not be as important a factor.

Beyond demonstrating your organization’s commitment to sustainability and renewable energy, the net proceeds from your REC support helps I&M reduce costs for all customers under our Fuel Cost Adjustment Rider criteria. Also, your organization’s support for RECs under either program option directly lowers the carbon footprint of your electricity use.

No. Due to the nature of power grids, even under the Local Renewable Option it is impossible to track which electrons used at your facility were generated by any one particular renewable energy generation plant. This is why RECs were created. RECs from your support legally represent the environmental and renewable energy attributes of each kWh of renewable power provided to local power grids.

To help understand how Renewable Energy Certificates help support green power, see this video from the U.S. EPA.

Custom Agreement Option

Under our IM Green Rider, larger commercial and industrial companies that want to go the extra mile to meet your company’s sustainability and renewable energy goals can work with I&M to develop a custom agreement.

IM Green’s Custom Agreement Option provides flexibility that allows you to consider a renewable energy procurement approach with I&M that best meets your unique financial, operational and sustainability needs.

View I&M’s Custom Agreement Option eligibility information.

For more information, please E-mail William Tokash, the IM Green Customer Solutions Leader, at IMGreen@aep.com or call 1.844.876.5273.

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