29 OCT 2013
Parks Associates Smart Home Research: 38% of U.S. broadband households willing to purchase connected home energy management products
International Research Firm Brings Together Duke Energy, Reliant, Vivent, Candi Controls, iControl Networks, Schneider Electric, and more for 5th Annual Smart Energy Summit
Parks Associates today announced smart home research showing 38% of U.S. broadband households are willing to purchase at least one smart home energy management (HEM) product. Over 25% are willing to purchase two or more, including lighting controls, appliance switches, and thermostats that can be controlled remotely, but only 1% are interested exclusively in HEM products. Safety offerings such as detectors and call buttons are the most popular smart home products.
Parks Associates’ fifth-annual Smart Energy Summit: Engaging the Consumer will be held February 17-19, 2014, at the Four Seasons Hotel in Austin. The event features early sponsorship support from Speed Wire, Alarm.com, ecobee, Lowe's, People Power, Percepscion, PlanetEcosystems, Qualcomm, Schneider Electric, and Technicolor and a keynote from Stuart Lombard, President and CEO, ecobee.
"Nearly 40% of U.S. broadband households are interested in purchasing energy management products for the home, but in most cases, they want these products within a broader offering of smart home products," said Stuart Sikes, president, Parks Associates. “At 2014 Smart Energy Summit, we will analyze strategies from utilities and telco/cable provider strategies, consumer engagement, partnership opportunities, and the impact of connectivity and big data on demand response (DR) and energy efficiency programs.”
The Smart Energy Summit 2014 Advisory Board, who help to shape the content and focus of the conference with the Parks Associates energy research team, includes the following participants:
Áine Denari, Director, Strategy,Ingersoll Rand Residential Solutions
Denis Garman, Category Leader - Energy Management & Information Group, Duke Energy
Bill Harmon, VP, Residential Segment Marketing, Reliant
Chris King, Chief Regulatory Officer, eMeter, A Siemens Business
Yann Kulp, VP, Strategy and Business Development, EcoBusiness North America, Schneider Electric
Tim Lott, Energy Product Director, Vivint
Letha McLaren, Vice President, Product Management, iControl Networks
Kevin Meagher, VP and General Manager, Smart Home, Lowe's
Roy Perry, VP, Ecosystem Alliances, Alarm.com
Jennifer Pulliam, Director, Innovation, TXU
Larry Oliva, Director, Meter Services Organization and CS Safety, Southern California Edison (SCE)
Steve Raschke, President, Candi Controls
Ted Reguly, Director, Smart Meter Program - Director, San Diego Gas & Electric (SDGE)
Randy Stearns, CEO and Founding Partner, VIA International
Ken Wacks, Management & Engineering Consultant,Gridwise Architecture, Council, U.S. Department of Energy
Parks Associates is currently accepting speaker submissions. More information is available at www.ses2014.com.
Tom Kerber, energy analyst at Parks Associates, will co-host the webcast “Understanding Revenue Models for Smart home Technologies,” on Wednesday, November 6, 2013. The webcast examines home controls business opportunities in Europe and which companies and channels are meeting with early success. Presenters include executives from iControl Networks, Securitas Direct – Verisure, Cisco Systems, and Parks Associates.
About Smart Energy Summit
Smart Energy Summit: Engaging the Consumer addresses the evolution of the consumer utility market, the impact of COVID-19 on energy management programs, and new opportunities to drive engagement in utility-sponsored programs. Virtual panels and networking sessions, featuring executive-level experts from multiple industries, address strategies for utilities, service providers, retailers, software providers, and manufacturers to expand and monetize energy management and other energy-focused offerings through consumer engagement, new business models, unique partnerships, and innovative technologies.
Smart Energy Summit features an in-person conference February 13-15 at the Omni Austin Hotel Downtown, with virtual sessions on June 15, August 17, and November 9. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy23. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.smartenergysmt.com.
About Parks Associates: Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.
The company's expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.
Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com
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