diff --git a/doc/source/cli.rst b/doc/source/cli.rst
index d671ed3..dc3e0b3 100644
--- a/doc/source/cli.rst
+++ b/doc/source/cli.rst
@@ -20,9 +20,9 @@ Start introspection on a node
     $ openstack baremetal introspection start [--wait] [--new-ipmi-password=PWD [--new-ipmi-username=USER]] UUID [UUID ...]
 
 * ``UUID`` - Ironic node UUID;
-* ``new-ipmi-username`` and ``new-ipmi-password`` - if these are set,
-  **Ironic Inspector** will switch to manual power on and assigning IPMI
-  credentials on introspection. See `Setting IPMI Credentials`_ for details.
+* ``new-ipmi-username`` and ``new-ipmi-password`` - deprecated options to set
+  IPMI credentials during introspection. Do not use, this feature is pending
+  removal.
 
 Note that the CLI call accepts several UUID's and will stop on the first error.
 
@@ -159,5 +159,4 @@ Starting with baremetal introspection API 1.5 (provided by **Ironic Inspector**
 calls.
 
 
-.. _Setting IPMI Credentials: http://docs.openstack.org/developer/ironic-inspector/usage.html#setting-ipmi-credentials
 .. _introspection rules documentation: http://docs.openstack.org/developer/ironic-inspector/usage.html#introspection-rules
diff --git a/ironic_inspector_client/client.py b/ironic_inspector_client/client.py
index f698e66..bf918ef 100644
--- a/ironic_inspector_client/client.py
+++ b/ironic_inspector_client/client.py
@@ -42,10 +42,10 @@ def introspect(uuid, base_url=None, auth_token=None,
                      defaults to ``http://<current host>:5050/v1``.
     :param auth_token: deprecated, use session instead.
     :param new_ipmi_password: if set, *Ironic Inspector* will update IPMI
-                              password to this value.
+                              password to this value. DEPRECATED.
     :param new_ipmi_username: if new_ipmi_password is set, this values sets
                               new IPMI user name. Defaults to one in
-                              driver_info.
+                              driver_info. DEPRECATED.
     :param api_version: requested Ironic Inspector API version, defaults to
                         ``DEFAULT_API_VERSION`` attribute.
     :param session: keystone session.
diff --git a/ironic_inspector_client/v1.py b/ironic_inspector_client/v1.py
index 432e9e1..69709b2 100644
--- a/ironic_inspector_client/v1.py
+++ b/ironic_inspector_client/v1.py
@@ -19,7 +19,7 @@ import time
 import six
 
 from ironic_inspector_client.common import http
-from ironic_inspector_client.common.i18n import _
+from ironic_inspector_client.common.i18n import _, _LW
 
 
 DEFAULT_API_VERSION = (1, 0)
@@ -92,10 +92,10 @@ class ClientV1(http.BaseClient):
 
         :param uuid: node uuid
         :param new_ipmi_password: if set, *Ironic Inspector* will update IPMI
-                                  password to this value.
+                                  password to this value. DEPRECATED.
         :param new_ipmi_username: if new_ipmi_password is set, this values sets
                                   new IPMI user name. Defaults to one in
-                                  driver_info.
+                                  driver_info. DEPRECATED.
         :raises: :py:class:`.ClientError` on error reported from a server
         :raises: :py:class:`.VersionNotSupported` if requested api_version
             is not supported
@@ -108,6 +108,11 @@ class ClientV1(http.BaseClient):
             raise ValueError(
                 _("Setting IPMI user name requires a new password"))
 
+        if new_ipmi_password:
+            LOG.warning(_LW('Setting IPMI credentials via ironic-inspector '
+                            'is deprecated, this feature will be removed '
+                            'in the Pike release'))
+
         params = {'new_ipmi_username': new_ipmi_username,
                   'new_ipmi_password': new_ipmi_password}
         self.request('post', '/introspection/%s' % uuid, params=params)
diff --git a/releasenotes/notes/deprecate-setting-ipmi-creds-1581ddc63b273811.yaml b/releasenotes/notes/deprecate-setting-ipmi-creds-1581ddc63b273811.yaml
new file mode 100644
index 0000000..6881e6a
--- /dev/null
+++ b/releasenotes/notes/deprecate-setting-ipmi-creds-1581ddc63b273811.yaml
@@ -0,0 +1,6 @@
+---
+deprecations:
+  - |
+    Support for setting IPMI credentials via ironic-inspector is deprecated
+    and will be removed completely in Pike. For reasoning see
+    https://bugs.launchpad.net/ironic-inspector/+bug/1654318.