Home Energy Management

Tuesday, March 22, 2016

70% of U.S. households with smart energy devices report saving money due to reduced energy consumption

Industry report identifies smart home and IoT opportunities within the home energy management market

Parks Associates announced new home energy management data from The Evolution of Home Energy Management showing 70% of U.S. households with smart energy devices report saving money due to reduced energy consumption. However, the report also notes the difficulty of selling smart energy devices based on cost savings as 83% of U.S. broadband households do not know the price they ...read more

Monday, February 08, 2016

35% of U.S. broadband households would participate in an energy program offered by a security provider

Tom Kerber, Director of Research, to speak at DistribuTECH next week

Parks Associates released new research today showing 35% of U.S. broadband households would participate in an energy program advertised by a security provider. Consumers are 40% more likely to participate in an energy program if it is offered by a security provider than an energy provider.

Tom Kerber, Parks Associates Director of Research, Energy and Home Controls, will discuss the implications of this ...read more

Monday, November 02, 2015

One-third of U.S. broadband households find smart home energy management features very appealing

Stuart Sikes, President of Parks Associates, discusses the impact of the Internet of Things on energy markets at PLMA Fall Conference

Parks Associates research reports 30% of U.S. broadband households find most energy management use cases very appealing. Stuart Sikes, President, Parks Associates, will present the firm’s smart home and Internet of Things research and discuss its implications for revenues and partnerships at the upcoming PLMA (Peak Load Management Alliance) Fa ...read more

Wednesday, July 15, 2015

Over 40% of thermostats sold in 2015 will be smart thermostats

Retail channel accounts for largest percentage of units sold, underscoring need for interoperability across IoT devices

New smart home research from Parks Associates finds smart thermostats taking a larger portion of the market this year, accounting for over 40% of the nearly 10 million thermostats sold in the U.S. The report Winning Smart Home Strategies for Energy Management estimates smart thermostats will account for over 50% of the total market by 2017.

“Smart therm ...read more

Tuesday, February 24, 2015

The IoT has arrived - approximately 10% of U.S. broadband households have a smart device with energy-related functions

Parks Associates and WeatherBug Home to host complimentary webcast on the Internet of Things and its impact on the energy industry

Parks Associates research reveals that approximately 10% of U.S. broadband households have a smart device with energy-related functions—including 8% with a smart thermostat and 6% with smart lighting. A smart energy device includes a programmable thermostat, light bulb, power strip, outlet, or plug adapter capable of connecting to the Internet. T ...read more

Monday, January 26, 2015

Parks Associates Research Director Joins Panel to Discuss Transactive Energy at AHR Expo

Research firm finds bundling with energy monitoring doubles consumer interest in HVAC service contracts

Tom Kerber, Director of Home Controls & Energy Research at Parks Associates, will present research on energy management, systems controls, and the smart grid market during the session “Transactive Energy - State of the Market” at the 2015 AHR Expo on Monday, January 26, 3:00-5:00 P.M., Chicago, Illinois. Mr. Kerber will join top industry experts from Cox Software Architect ...read more

Tuesday, August 05, 2014

MEDIA ALERT: Parks Associates Research Director to present the key role of utilities within the smart home at the Home Energy Management Conference

Director of Home Controls and Energy to Speak at Home Energy Management Conference This Week

Tom Kerber, Director of Home Controls & Energy Research at Parks Associates, will present new home energy and Internet of Things (IoT) research during the session "Understanding the Role of Utilities and Value Added Services in a Smart Home" at the Home Energy Management Conference on Thursday, August 7, 11:00-11:45 A.M., Sacramento, California.  Mr. Kerber will also discuss the nume ...read more

Wednesday, July 16, 2014

Over 1.8 million households headed by consumers 25-34 own at least one smart energy product

Parks Associates research finds more U.S. households adopting smart thermostats, smart lighting, smart outlets/plugs and power strips, and smart kitchen appliances

New Internet of Things (IoT) research from Parks Associates shows young consumers, those with children, and those in a home for 3-4 years are leading the adoption of Internet-connected energy devices. The firm's Home Energy Management Adopters reveals more than 10% of U.S. broadband households headed by a consumer ...read more

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