Parks Associates research shows consumers are interested in reducing their energy use—the firm's recent home energy management industry report shows 84% of U.S. broadband households took at least one action to reduce energy usage or costs in the last 12 months.
Recently, SunPower announced a partnership with energy management software designer Tendril, allowing the company to integrate solar array data into a new home energy management service. Consumers will now be able to see ...read more
Lowe’s has entered the Smart Home market with a broad range of innovative new connected products and services using their Iris platform. Iris allows consumers to monitor and control their home from their computer, tablet, or smart phone. The broad range of Iris products and services are designed to appeal to the average ...read more
Earlier this month, utility SaaS company Opower's IPO successfully opened on the stock market. The opening offer, 6.1 million shares at $19 per share, gave the company an estimated market value of nearly $1 billion.
Opower's success is driven by a simple goal: to motivate people to save energy. The company provides data-driven analysis for customers, using this information to compare each customer to his or her neighbors. Opower works with its 93 utility partnerships to provide this ...read more
Saving energy, cutting costs, and preserving the world's resources are common concerns among both consumers and utility providers. In a new report from the Edison Foundation Institute for Electric Innovation, data shows that customer-funded energy efficiency programs were able to prevent the generation of almost 90 metric tons of carbon dioxide in 2012, a significant savings.
The report, recently published by FierceEnergy, also notes that these same programs generated enough electrical ...read more
The Event Summary materials for the 2014 Smart Energy Summit are now available for download. This summary provides an overview of the research, speakers, and main topics discussed at the Smart Energy Summit sessions that took place February 17-19 in Austin, TX.
Conference highlights include these important points:
Utilities need to align their services to connect with consumers who are on social media and using apps and smartphones for information.
Consumers are interested in smart home technologies. Parks Associates research shows that 66% of consumers are specifically interested in smart home bundles, where services like home automation, energy management, and security are combined in a single solution.
For seamless integration into homes, then, interoperability is key. Recently, the OpenADR Alliance and the Wi-SUN Alliance announced an agreement that would allow a faster rollout of utility demand response programs. Working ...read more
The electricity industry has rapidly evolved over the past five years with the entrance of new energy service providers that complement utility customer services such as cable operators, telephone companies, security companies and retailers. As modern technology continues to be integrated into the grid, it is crucial that utilities educate and engage consumers.
It’s been proven that consumers are most satisfied with their energy provider once choices are made available to them. ...read more
Securitas Direct - Verisure - Parks Associates Premier Program
WeatherBug - Earth Networks - Parks Associates Premier Program
Z-Wave Alliance / Sigma Designs - Premier Program Member
Smart Energy Summit
FEB 16-18, 2015 | Four Seasons Hotel, Austin, Texas
Smart Energy Summit is an annual three-day event hosted by international research firm Parks Associates. The event focuses on the roadmap for the emerging in-home energy management technology market.