Parks Associates reports 28% of U.S. households looking to adopt electricity usage displays

Rising energy costs and economic conditions are motivating consumer interest in energy management solutions but also setting high expectations for these technologies, according to international research firm Parks Associates, which will host Smart Energy Summit: Engaging the Consumer on January 24-26, 2011, in Austin, Texas.

The conference agenda features the session "Solutions that Deliver on the Promise," January 25 at 11 a.m., with executives from ecobee, Oncor Electric Delivery Company, and Pacific Northwest National Laboratory discussing business strategies that align with user needs and expectations.

"Over one-fourth of U.S. consumers are very interested in an in-home display that shows their current electricity usage, with 90% willing to pay $90-$100 for this solution," said Bill Ablondi, director, home systems research, Parks Associates. "However, this level of interest comes only if it can help save 10-30% off their electric bill. Our Residential Energy Management project is finding, behind the high overall interest in energy-saving solutions, consumers have very specific expectations that must be met before they adopt."

Confirmed speakers for "Solutions that Deliver on the Promise":

Stuart Lombard, President and CEO, ecobee

Bill Muston, Manager, Research & Development, Oncor Electric Delivery Company LLC

Steve Widergren, Principal Engineer, Pacific Northwest National Laboratory

Smart Energy Summit is the premier event examining business opportunities and technical challenges as smart grid technologies move into the home. The agenda features keynote speakers from IBM, Grid Net, and the U.S. Department of Commerce and includes interactive panels and presentations focused on strategies to demonstrate the value proposition of new energy management products, services, and standards.

Visit www.smartenergysummit2011.com or contact 972-490-1113, [email protected] for information.

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.
 

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