"energy" articles

This growing emphasis on smart home solutions and interoperability comes as utilities are amid an enormous transition changing how energy is generated and delivered. Driven by a massive shift to renewable energy sources, growing demand, and an aging grid, utilities are moving towards a distributed renewable energy environment after over a century of central station generation. The “utility of the future” is very real and a very different concept than that of utilities of...

Join leading industry executives and analysts at Parks Associates’ interactive Smart Energy Summit virtual session “ Distributed Energy and New Value: Shifting from a Centralized Grid ”  on November 17 at 11:00 AM CT for insights addressing how the industry is working to educate consumers on the potential for energy savings, the value of connected devices, how to be active participants in energy efficiency, and the transformation of the energy grid to be decentralized and...

Access to real-time energy consumption data is valuable to consumers. Consumers that believe an energy-efficient home is important also find real-time energy usage data the most appealing of the energy monitoring services tested. Many value-added services that can be built on top of energy data are highly appealing. Understanding which products consume the most power and which continue to consume power consumption even when off represents knowledge desired by many consumers....

Join Parks Associates’ Jennifer Kent , VP of Research and Chris White , Senior Analyst, for an interactive in-person session, on Thursday, September 29 at 11:30 AM and 3:00 PM CT at the 2022 CEDIA Expo at the Kay Bailey Hutchison Convention Center in Dallas, TX for insights on smart home technology. Panels and speakers include: Thursday, September 29 "The Role of Energy Management in the Future Home" Chris White , Senior...

Energy costs are rising, and large-scale blackouts are making headlines around the US. Consumers and energy providers are looking for ways to reduce costs and manage peaks that lead to grid instability and power outages. HVAC remains the largest load in private households, so it remains the logical target for improved management, and smart thermostats are the best tool commonly available today for that management task. AEP Ohio and their regional partner PJM Interconnection...

Parks Associates research finds that more than a third of US internet households are likely to purchase a vehicle in the next year. While EVs are a growing market, the EV ecosystem is still immature and requires substantial investments to scale and meet future demands. Consumers have many concerns around the reliability and security of the vehicle, the charging infrastructure being in place to alleviate charging concerns, and the operational aspects that come with it, including the use...

Use cases that reduce OPEX in apartment environments include access management and control, energy management, and automated risk mitigation. These solutions can improve operations and add new layers of safety, security, and convenience.   Access Control   Access control use cases typically involve smart home solutions installed in common and public areas, including smart locks, smart garage door openers, and smart video doorbells.  ...

Parks Associates’ study “ Smart Energy at Home: Renewable, Responsive, Resilient ” reveals that 44% of US internet households say they are taking active steps to reduce their energy consumption at home. The research firm surveyed over 10,000 internet households to determine their adoption, usage, and attitudes regarding smart energy solutions and utility programs. Energy savings are an important benefit for consumers, and many households are actively monitoring and...