Monday, January 03, 2011

Smart Energy Summit features executive session with CEDIA, GE, and Broadcom examining opportunities for smart appliances, electric vehicles, and residential energy systems

Parks Associates reports consumer interest in lifestyle improvement (65%) as strong as demand for cost savings (68%) in motivating home upgrades

While consumer awareness of smart grids remains low, U.S. households are still taking energy-saving actions themselves, with roughly 80% making energy-related improvements in their home, according to international research firm Parks Associates. The firm also reports perceptions of energy-efficient solutions are expanding, with consumers showing near equal interest in lifestyle enhancements as well as cost savings in motivating these changes.

Parks Associates will host Smart Energy Summit: Engaging the Consumer on January 24-26, 2011, in Austin, Texas, which will feature the session "Opportunities beyond the HAN" to discuss new opportunities for energy-related solutions, including smart appliances and electric vehicles.

"While 68% of households have made home improvements to save on their utility bill, almost two-thirds cite personal comfort as another primary reason for making upgrades," said Bill Ablondi, director, home systems research, Parks Associates. "Our Residential Energy Management project shows consumers associate energy-efficient products and services as means to improve and upgrade their homes as well as save money. Providers and manufacturers can tap into this motivator to expand adoption."

Parks Associates reports only 12% of U.S. consumers have strong familiarity with the term smart grid, essentially unchanged from 11% in 2009, indicating utilities and companies providing utility-related solutions must invest in education and marketing to capture consumer interest.

"Opportunities beyond the HAN," 1:45 p.m. on January 26, will feature the following speakers:

Utz Baldwin, CEO, CEDIA

Andy Melder, Powerline Marketing, Broadcom

JT Thompson, Utility Sales Leader, GE Appliances and Lighting

Smart Energy Summit is the premier event examining business opportunities and technical challenges as smart grid technologies move into the home. The agenda features keynote speakers from IBM, Grid Net, and the U.S. Department of Commerce and includes interactive panels and presentations focused on strategies to demonstrate the value proposition of new energy management products, services, and standards.

Visit or contact 972-490-1113, for information.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The tenth-annual Smart Energy Summit will take place February 18-20, 2019, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy19. For information on speaking, sponsoring, or attending Smart Energy Summit, visit


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