66 percent of all U.S. broadband households find a smart home bundled package appealing

Parks Associates is addressing the convergence of utilities, telecom, cable operators, security service providers, thermostat and appliance manufacturers in the connected home during a complimentary industry webcast, Utility Decisions on Home Energy Management, on Feb. 4, 2014. The research firm shows that nearly 40 percent of U.S. broadband households are interested in purchasing energy management products, but only 1 percent of U.S. households are interested in home energy management solutions alone.

“The overwhelming majority of households are interested in energy management as part of a broader offering of smart home solutions,” said Tom Kerber, Director of Research on Home Controls and Energy at Parks Associates. “This webcast provides a firsthand account of the state of the market to help companies understand the competition and partnership opportunities.” 

“We are delighted to once again partner with Parks Associates to present such critical information about important energy efficiency options for homeowners,” said Kevin Meagher, Vice President and General Manager of Iris Smart Home at Lowe’s. “We believe it’s important for companies to seriously start thinking about how they can approach this market with innovative products, services and broader value propositions that will appeal to the average consumer and scale to meet their needs over time.”

Parks Associates will present new research and recommendations during the webcast, with participation from Lowe’s and Southern California Edison (SCE), and highlight key topics and focus of the upcoming Smart Energy Summit.  Lowe’s is an event sponsor and is participating in multiple sessions throughout the event, including presenting the closing keynote on Wednesday, Feb. 18.  

Smart Energy Summit sponsors are Speed Wire, Percepscion, Alarm.com, Earth Networks – WeatherBug, ecobee, EcoFactor, Lowe's, Opower, People Power, PlanetEcosystems, Qualcomm, Technicolor, Z-Wave, AlertMe, Schneider Electric, and Tendril.

Information about Smart Energy Summit is available at www.ses2014.com.  Press passes for the event are available at http://www.parksassociates.com/ses-presspass. Interested individuals can sign up for the webcast at the Parks Associates website: www.parksassociates.com/utility-webcast

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.
 

Next: Austin Energy, Comcast, ecobee, Lowe's, and Nest to keynote 2014 Smart Energy Summit
Previous: Ability to switch electricity providers and free nights/weekends plans both lead to more satisfied customers

Be the first to leave a comment.

Have a comment? Login or create an account to start a discussion.