"smart meter" articles

Parks Associates hosted its 14th annual Smart Energy Summit this week in Austin, TX bringing the best of the best in the energy and smart home industries together. We had an amazing line up of speakers and leaders in the audience. I wanted to share some of the key insights we captured from the sessions. Thank you to our speakers, supporters, sponsors, and attendees for making the event so insightful. There is so much work to do as we shift to a world of renewable energy...

Among self-help support options, consumers are slightly less likely to use self-help applications on their devices than other support resources. This is likely driven by lower availability of the self-help applications compared to other self-help resources. The percentage of consumers who report using self-help applications has remained the same over the past four years, suggesting that availability and/or interest in using these tools has not changed much over the years. Among...

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.  ...

The single-family builder channel has really warmed to the installation of smart home technology as standard, in addition to offering options as upgrades. Drivers include: Increasing consumer demand for smart tech on par with other traditional new home features. In a Builder Study by Parks Associates, 80% of large-scale builders rated smart speakers as highly popular and 72% rated integrated smart home control and entertainment systems as highly popular. This compares to 84%...

AutoGrid, which specializes in AI-driven optimization for distributed energy resources (DERs), has just announced that it will be acquired by Schneider Electric. The two companies have been working together since 2015 and in 2020, they introduced an integrated solution focused on digital transformation for utilities. Once the agreement passes regulatory approval and the usual closing conditions, the deal is expected to close in Q3. Parks Associates’ research reveals that smart...

Parks Associates continues its thirteenth-annual Smart Energy Summit: Engaging the  Consumer with the virtual session, State of Residential Energy Management , on Thursday, April 7, from 11:00 AM to 1:30 PM CT. Bruce Sher , Head of Business Development LG Electronics  will be the featured Fireside Chat speaker at 12:00 PM CT, addressing the changing markets for residential energy management. Prior to the session, Bruce provided insights on key trends that will...

Parks Associates continues its thirteenth-annual Smart Energy Summit: Engaging the Consumer with the virtual session, State of Residential Energy Management , on Thursday, April 7, from 11:00 AM to 1:30 PM CT. Paul Wezner , VP, Product and Customer Success, Powerley will be featured on the interactive panel, The Future of Energy: A Paradigm Shift, at 11:15 AM CT, addressing how the new requirements for active consumer participation in energy savings will drive the...

Parks Associates’ research reveals that 20% of US broadband households report the COVID-19 pandemic has increased their interest in smart energy solutions that can help them manage their energy use, cost, and comfort. Energy management programs and smart energy solutions can deliver immediate cost benefits to consumers, but the energy industry has generally been unable to find solutions that trigger widespread engagement among their customer base. Utilities have tried different...