Electric, Light & Power

Tuesday, January 02, 2018

Canny and Connected

A recent Parks Associates market snapshot noted the explosion of smart home services, with more than one-quarter of U.S. broadband households reporting to own at least one connected device, a number surely to grow. The multiple-option survey showed nearly equal parts enthusiasm and anxiety, with 70 percent of respondents indicating interest in buying smart home technologies, but a combined 66 percent either overwhelmed, confused or worried about it.

From the article "Canny a ...read more

Tuesday, January 02, 2018

Canny and Connected

A recent Parks Associates market snapshot noted the explosion of smart home services, with more than one-quarter of U.S. broadband households reporting to own at least one connected device, a number surely to grow. The multiple-option survey showed nearly equal parts enthusiasm and anxiety, with 70 percent of respondents indicating interest in buying smart home technologies, but a combined 66 percent either overwhelmed, confused or worried about it.

From the article "Canny a ...read more

Wednesday, February 20, 2013

PlanetEcosystems upgrades consumer engagement platform

PlanetEcosystems upgraded its P-ECOSYS consumer engagement platform, enabling consumer engagement and demand reduction for utilities. The new P-ECOSYS platform resolves two increasingly urgent challenges for utilities — achieving deep reductions in energy demand, and fostering positive relationships with consumers.

"Utilities, restructured and regulated, face differing mandates for consumer engagement. Whether to reduce peak demand or to increase loyalty in competitive marke ...read more

Monday, October 15, 2012

Breaking Down Barriers to Residential Demand Response

According to Parks Associates, some 45 percent of all U.S. households will be served by smart meters by the end of 2015, but as few as 10 percent of those will be enabled for two-way communications between a home-area network (HAN) and their utility's back-end systems. Other analysts predict more or less smart meter or HAN penetration, yet the result is the same: The end-to-end, two-way, near-real-time communications needed for system operators to send pricing signals and monito ...read more

Tuesday, October 05, 2010

Consumers willing to pay for energy monitoring if guaranteed savings

In a new residential energy management report, Parks Associates reports 15-20 percent of U.S. consumers are very willing to pay a $5-$10 monthly subscription fee for a service promising 10 percent savings on their energy bill.

“With household electricity bills increasing by over 10 percent, consumer interest in energy savings is high, and utilities, control system manufacturers, and service providers are looking to leverage that demand,” said Bill Ablondi, director, home sys ...read more

Tuesday, September 22, 2009

SmartGridLicense.com serves as hub for utilities

More than 8 million Smart Meters are currently deployed throughout the United States, and the market for residential energy management has taken the first significant steps in deploying Smart Grid technologies and advanced meter infrastructure on a broad scale, according to Parks Associates’ recent report, “Residential Energy Management: Company, Alliance & Technology Profiles.” In addition, the federal stimulus bill allocates $11 billion for Smart Grid initiatives through 2010, ...read more

Wednesday, November 21, 2001

Utilities positioned to drive residential gateway market

The technology is the residential gateway, and research and consulting firm Parks Associates has reported that the market for this technology will more than triple by 2005. The market for residential gateways, Parks Associates projected earlier this year, will grow from 8.6 million units in 2001 to more than 33 million units in 2005.

.... Parks Associates analysts have reported that consumer demand for broadband Internet and high-definition entertainment services, as well as ...read more

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