Providing market intelligence for more than 35 years

TMCnet

Parks Associates Finds Almost Half of U.S. Broadband Households Want Automated Thermostats

In gearing up for its upcoming Smart Energy Summit, Parks Associates has released the results of new energy research which found that almost half of U.S. broadband households are very interested in a thermostat that can automatically detect if a house is unoccupied and adjust the temperature to save money. In fact, the research firm found that consumer interest in automated energy management is increasing in general.

Parks Associates also found that 12 percent of U.S. broadband households have access to a website that shows their daily energy consumption patterns, with nearly 90 percent of those using it less than once per week.

"Consumers appreciate the benefits of smart technologies, but they don't want to constantly monitor their home's energy consumption," said John Barrett, director of consumer analytics at Parks Associates, in a statement. "Minimally invasive energy management is preferred, and the top-rated smart thermostat features reduce consumption through automatic adjustments."

Barrett also noted that while consumer energy consciousness is on the rise, it is still lower compared to the peak in interest recorded in 2010.

Consumer interest in automated energy management has led to the development of such technologies as the Nest thermostat, which allows users to control their home's temperature from their smartphone and is capable of learning from user habits to reduce energy consumption. The thermostat has indeed experienced a steady amount of consumer interest, shipping between 40,000 to 50,000 thermostats per month.

From the article, "Parks Associates Finds Almost Half of U.S. Broadband Households Want Automated Thermostats" by Rory Lidstone.

Previously In The News

Linear's senior vice president to speak at upcoming CONNECTIONS Conference in Las Vegas

Linear LLC, a leader in residential and commercial access control, security, and health and wellness solutions, announced recently that Duane Paulson, senior vice president of product and market de...

U.S. Tablet Owners to Increase 61% in One Year to Exceed 130 Million in 2014

International research firm Parks Associates and mPortal today highlighted new research on connected devices in the whitepaper "Enabling Connected Media Experiences: Mastering Video Delivery, User...

CEDIA Commissions Second Industry Market Research Project

CEDIA (the Custom Electronic Design and Installation Association) has commissioned international market research company, Parks Associates, to repeat its extensive survey into the UK residential cu...

Research and Markets Adds Report: App Development and Distribution Models

Research and Markets has announced the addition of the "App Development and Distribution Models" report to its offerings. In a release, Research and Markets noted that report highlights include...