Major Announcements in Residential Energy Management Continue

by Elizabeth Parks | Oct. 15, 2021

New announcements recently within the energy management industries continue to underscore the opportunities for new products and services to help reduce energy consumption. 

Currently, only a modest percentage of broadband households report using renewable power, but Parks Associates research shows there is a widespread desire to use clean energy and a reasonably broad willingness to pay more for it. Over 40% of broadband households would prefer to live in a community-powered by solar energy; 35% are willing to pay more for clean energy.

Notable announcements recently include

Support clean energy right from home with Nest Renew

DOE Invests $61 Million for Smart Buildings that Accelerate Renewable Energy Adoption and Grid Resilience

Schneider Electric Offers ‘Grid to Plug’ Smart Energy Ecosystem

Octopus Energy Agrees $600m Deal With Generation Investment Management to Accelerate Global Green Energy Mission

Bidgely Secures $26M in Financing to Accelerate Utilities’ Leading Role in the Clean Energy Future

To stay up-to-date on the latest in consumer energy management, visit or join Parks Associates 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 discuss 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.

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