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03 FEB 2014


Parks Associates presents the value and benefit of integrated utility and home energy management offerings in industry webcast

66 percent of all U.S. broadband households find a smart home bundled package appealing

Parks Associates is addressing the convergence of utilities, telecom, cable operators, security service providers, thermostat and appliance manufacturers in the connected home during a complimentary industry webcast, Utility Decisions on Home Energy Management, on Feb. 4, 2014. The research firm shows that nearly 40 percent of U.S. broadband households are interested in purchasing energy management products, but only 1 percent of U.S. households are interested in home energy management solutions alone.

“The overwhelming majority of households are interested in energy management as part of a broader offering of smart home solutions,” said Tom Kerber, Director of Research on Home Controls and Energy at Parks Associates. “This webcast provides a firsthand account of the state of the market to help companies understand the competition and partnership opportunities.” 

“We are delighted to once again partner with Parks Associates to present such critical information about important energy efficiency options for homeowners,” said Kevin Meagher, Vice President and General Manager of Iris Smart Home at Lowe’s. “We believe it’s important for companies to seriously start thinking about how they can approach this market with innovative products, services and broader value propositions that will appeal to the average consumer and scale to meet their needs over time.”

Parks Associates will present new research and recommendations during the webcast, with participation from Lowe’s and Southern California Edison (SCE), and highlight key topics and focus of the upcoming Smart Energy Summit.  Lowe’s is an event sponsor and is participating in multiple sessions throughout the event, including presenting the closing keynote on Wednesday, Feb. 18.  

Smart Energy Summit sponsors are Speed Wire, Percepscion, Alarm.com, Earth Networks – WeatherBug, ecobee, EcoFactor, Lowe's, Opower, People Power, PlanetEcosystems, Qualcomm, Technicolor, Z-Wave, AlertMe, Schneider Electric, and Tendril.

Information about Smart Energy Summit is available at www.ses2014.com.  Press passes for the event are available at http://www.parksassociates.com/ses-presspass. Interested individuals can sign up for the webcast at the Parks Associates website: www.parksassociates.com/utility-webcast

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The tenth-annual Smart Energy Summit will take place February 18-20, 2019, at the Omni Austin Hotel Downtown in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy19. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2019.com.