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Rising cost of living has made households more sensitive to energy cost. This has been accompanied by increasing energy demand from existing energy infrastructures most of which are old and dilapidated. Demand response (DR) programs have been designed to ensure sustainable energy supply using existing infrastructures. Natural disasters associated with climate change such as the 2021 winter storm in Texas has also contributed to the heightened concerns of consumers about the...

How Texas Saves $1 Billion in Energy Costs a Year: Optimal Load Shaping At the Smart Energy Summit 2022 in Frisco Texas hosted by Parks Associates, Robert Cruickshank from GRIDIoT gave an insightful presentation of how optimal load shaping (OLS) is the fastest way Texas can decarbonize the ERCOT grid and produce energy at the lowest cost. During the presentation, he noted Texas can quickly and efficiently decarbonize the grid (reducing carbon emissions by nearly 20...

Energy management programs and smart energy solutions can deliver immediate cost benefits to consumers, but the energy industry has generally been unable to find solutions that trigger widespread engagement among their customer base. Utilities have tried different strategies over the years to engage consumers, including a range of energy efficiency (EE) programs that leverage smart thermostats and smart meter data to deliver energy and cost savings. Despite these efforts, a large...

Parks Associates’ Smart Energy Summit is excited to announce Zen Ecosystems as a sponsor of the upcoming event. Zen Ecosystems provides energy management solutions to businesses and consumers. Our Zen HQ platform integrates award-winning smart Zen Thermostats with an intuitive software platform that allows consumers and multi-site businesses to take control of energy costs. With such features as remote user lockouts, HVAC scheduling, smart demand management and lighting...

Parks Associates’ Smart Energy Summit is excited to announce Schneider Electric as a sponsor of the upcoming event. As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centers/networks, as well as a broad presence in residential applications....

Parks Associates’ Smart Energy Summit is excited to announce SmartThings as a sponsor of the upcoming event. SmartThings is the premier technology enabling connected living and driving the future of IoT. Its open platform already supports thousands of devices across hundreds of brands and offers endless possibilities to innovators and developers seeking seamless connectivity in a vast IoT ecosystem. The company is committed to bringing simple, trusted smart...

Utilities are in a unique position as their customers span multi-generations, income and education segments, renters, homeowners, and individuals, in addition to families. In traditional, non-retail markets, which represent the majority of households, their relationship is long-term. They are a trusted advisor in their communities even though many consumers only interact with their utility when moving to a new residence, paying a monthly bill or when an outage occurs.  ...

Energy savings is a key driver for adoption of smart energy products such as smart thermostats, connected HVAC systems, and solar panels. As consumers add smart products to their homes, new opportunities emerge for energy providers to provide consumers with a better user experience. Currently, only 19% of US broadband households are aware of energy monitoring and management products offered by their electricity provider.  Parks Associates ’ Smart Energy Summit: Engaging the...