Connectivity and the combined data from all customer interactions are transforming businesses and marketing programs, and especially have the ability to impact the utility and retail energy provider markets. As the breadth and depth of smart products enter the market grow, energy providers have the opportunity to leverage those products for demand response programs and to accelerate adoption through energy efficiency programs.
Concerns related to loss of control and co-marke ...read more
Energy data is a key element of any energy management solution. Technology for monitoring and analyzing home energy data has developed to provide increasingly valuable, actionable insights for consumers and energy providers. Familiarity with energy programs is still generally low, with 20% or less of U.S. broadband households being “very familiar” with various energy programs.
25% of broadband households indicate they would participate in an energy program offered by their e ...read more
Utilities are moving forward with numerous pilots, testing new business models and new approaches to marketing, installation, and partnerships. This session at SES featuring executives from FP&L, OGE, Tendril, Westar Energy, and Wright – Hennepin Cooperative Electric Association discussed the lessons learned from these innovative efforts and highlights recent success stories in the industry. Top 10 takeaways from the session included:
For energy providers, the convergence of smart energy and smart home opportunities is a story of frenemy stakeholders. Myriad service providers and device manufacturers hope to protect and grow their core businesses while exploring new ways to further directly monetize their customer base or work with adjacent partners to provide mutually smart energy solutions.
Getting from here to there for all stakeholders is the challenge. Despite the value proposition of saving money an ...read more
Parks Associates held its 7th annual Smart Energy Summit February 22-24 at in Austin, TX. At the annual conference, Parks Associates analysts, media, and industry leaders examined the expanding market for energy solutions and home controls and its impact on utilities, service providers, retailers, manufacturers, and consumers.
New research presented included:
Four percent of U.S. broadband households own solar panels, up from 2% in 2013.
Jeremy Warren, Chief Technology Officer of Vivint, provides key insights into the growth of energy and IoT for Parks Associates' Smart Energy Summit:
What do you think is the most challenging issue for your company as it relates to the residential energy management market?
A fragmented national landscape makes it difficult to build a consistent and scalable consumer value proposition and business model. Because different utilities/jurisdictions have their own set of rul ...read more
Dave Oberholzer, VP, Business and Partner Development at WeatherBug Home, answers several key industry questions for the Smart Energy Summit hosted by Parks Associates:
What do you think is the most challenging issue for your company as it relates to the residential energy management market?
We have defined an approach that truly delivers on the promise of IoT. Our integrated solution, which combines a variety of sensor data, our data processing capabilities and ability ...read more
Premier Logo_Rapid-Response-Monitoring_200x180.png
Rapid Response Monitoring
Premier Logo_Schneider-Electric_200x180.png
Schneider Electric
Premier Logo_Zen-Ecosystems_200x180.png
Zen Ecosystems
Smart Energy Summit
In-person Event: Feb 13-15, 2023 | Omni Hotel, Austin, TX Virtual Sessions: Jun 15, Aug 17, and Nov 9, 2023
Smart Energy Summit is an annual event hosted by international research firm Parks Associates. The event focuses on the roadmap for the emerging in-home energy management technology market. 2023 will feature in-person sessions and multiple virtual sessions throughout the year.