Thursday, June 19, 2014

Electric Utilities Lose Relevance in Smart Home Market

One final point: In the U.S., energy is cheap. Utilities’ efforts to save customers a few bucks per month just won’t fly.

In a home automation panel discussion at the recent Parks Associates Connections conference, panelist Duane Paulson of home automation manufacturer 2Gig by Linear, and a former utility-industry exec who developed load management programs, said: “Utilities are incentivizing the wrong people. Individuals don’t care about saving $5 or $10 per month, but give those incentives to companies like ADT or AT&T, with their millions of customers, and the money really adds up.”

From the article, "Electric Utilities Lose Relevance in Smart Home Market" by Julie Jacobson.

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