Last week, Parks Associates hosted a virtual session “Home Energy Management Solutions: Driving Energy Savings,” Thursday, June 30, as part of the 13th annual Smart Energy Summit: Engaging the Consumer. In these sessions, we shared our research and also conversations from the industry on consumer adoption of smart energy devices and interest in energy manageme

nt use cases.
Our latest consumer study, “Smart Energy at Home: Renewable, Responsive, Resilient,” reveals most consumers want to use less energy and view energy costs as too high—

50% of US internet households earning more than $100

,000 annually say their electricity costs are too high.

In addition, our research reveals that 29% of US internet households plan to buy a smart thermostat in the next six months. Smart Thermostat Market Assessment finds that adoption of smart thermostats has been flat for several years, at 13% of US internet households, de

spite owners reporting

 savings that meet or exceed their expectations. More than 90% of owners report they are satisfied with the energy savings from

 their smart thermostat. On average, consumers report saving $49 a month on electricity because of smart thermostat usage.  

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