Register

I agree with the Privacy Policy

Dallas Morning News

Smart thermostat sales heat up

March 10, 2014

More than five years after smart thermostats were introduced as an easy-to-use alternative to the current programmable models, manufacturers are reporting triple-digit sales increases. The thermostats are pitched as the next “it” device and a revolutionary step in getting households to better manage their electricity use.

Parks Associates, a Dallas market research firm, estimates about 1 in 10 U.S. homes with a broadband connection now own a smart thermostat. That has driven what is now an $86 million-a-year global market, which may grow to $1.4 billion by 2020, according to a report published late last year by Navigant Research.

“Six [million] to 8 million thermostats are sold annually, and in the future a larger and larger portion of those are going to be smart,” said Tom Kerber, director of energy research for Parks Associates. “Think about automatic door locks. They used to be only on Cadillacs. But it moved down to the lower tier cars. And now you can’t buy a car without automatic locks.”

From the article, "Smart thermostat sales heat up" by James Osborne.

Previously In The News

AT&T-Verizon effort to test use of smart phones as mobile wallets

AT&T Inc. and Verizon Wireless , the biggest U.S. mobile carriers, are planning a venture to displace credit and debit cards with smart phones, posing a new threat to Visa Inc. and MasterCard Inc.,...

AT&T to pay $1.925 billion for spectrum licenses from Qualcomm

San Diego-based Qualcomm announced that it would be shutting down its subsidiary, FLO TV, in March 2011, freeing up the spectrum that AT&T agreed to purchase. AT&T and Qualcomm expect to close the s...

AT&T ending unlimited data plans for smart phones

AT&T smart phone subscribers who have $30 unlimited data plans will be able to keep those plans if they wish, even when they renew their contracts. However, customers who move to one of the new plan...

Movie, book, game companies fight to survive plunge into Internet age

But while the music business has been undeniably swamped by the Internet, other segments such as movies, books and games are still afloat and navigating toward a not necessarily disastrous online fu...

‹
1
2
3
4
5
6
7
8
9
10
11
12
13
›