In Q2 2015, 16 percent of all U.S. broadband households owned one or more smart home devices. Many of these smart devices offer energy management capabilities including demand response. Today, utilities are evaluating the benefits of integrating smart devices into utility programs.
There are several ways that utilities can leverage data to improve the success of DR events: leveraging data from smart thermostats, leveraging data from multiple connected devices, and leveraging ...read more
Parks Research recently released data from their Internet of Things research that revealed a bit of insight not so very shocking—namely that younger consumers are at the forefront of the Internet-connected device revolution. In fact, in the U.S., more than 10 percent of broadband households helmed by people 25-34 own at least one home energy management device and four percent own five or more.
One would assume that this trend, if it’s got ahold of younger consumers, isn’t go ...read more
GOOGLE ANNOUNCED ITS $3.2 BILLION ACQUISITION OF NEST, a manufacturer of smart thermostats and other connected products, in January 2014. This transaction positions Google as a key player in the rapidly changing demand response (DR) market.
Demand response programs are transitioning away from the traditional thermostat DR business model where the utility markets, procures, installs, and assumes the risk for long-term performance of the equipment. The new, more cost-effective ...read more
Google announced its $3.2 billion acquisition of Nest, a manufacturer of smart thermostats and other connected products, in January 2014. This transaction positions Google as a key player in the rapidly changing demand response (DR) market.
Demand response programs are transitioning away from the traditional thermostat DR business model where the utility markets, procures, installs, and assumes the risk for long-term performance of the equipment. The new, more cost-effective ...read more
Google announced its $3.2 billion acquisition of Nest, a manufacturer of smart thermostats and other connected products, in Jan 2014. This transaction positions Google as a key player in the rapidly changing demand response (DR) market.
Demand response programs are transitioning away from the traditional thermostat DR business model where the utility markets, procures, installs, and assumes the risk for long-term performance of the equipment. The new, more cost-effective pay ...read more
The stats say yes, but that’s, admittedly, with a little interpretation. If we look at two specific areas: home energy management and clean energy acceptance, it seems that the prosumer is, indeed, on the rise. Why those two areas? Because they take the most management by the consumer to either adjust efficiency efforts in the home or coordinate to a political/social belief like use of solar or wind (which may also require an eye on tech at home as well).
Contact Parks Associates today to speak with an analyst or request research data.
Smart Home Security Webinar
Strategies to Protect and Secure the Always-Connected Consumer
This webinar brings industry experts together to address service providers and manufacturers’ responsibility to protect the end-user and strategies to do so effectively.