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FEB 7, 2017

8% of U.S. broadband households plan to purchase a plug-in electric vehicle in next 12 months

Smart Energy Summit, February 20-22 in Austin, features keynote from Toyota

Parks Associates today announced new smart energy research showing 8% of U.S. broadband households plan to purchase a plug-in electric vehicle in the next 12 months, up from 5% at the end of 2015. 360 View: Energy Management, Smart Home, and Utility Programs notes purchase intention for plug-in electric vehicles was only 3% at the end of 2014 and has steadily climbed each of the last two years.

“As electric cars become more prevalent, and as more of these devices plug in to the grid to charge, they will alter the energy consumption of a household,” said Stuart Sikes, President, Parks Associates. “Utilities are taking important steps to understand and prepare for this new demand. The electric car could also be the basis for new partnerships among the smart home and energy sectors, as households will need management and monitoring solutions to understand and control these changes in their energy consumption.”

Purchase Intention for Electric Vehicle

Kevin Butt, General Manager, Environmental, Toyota Motor North America, will deliver the morning keynote “Connected Car & Smart Energy - What is the Connection?” at 9:45 a.m. on Wednesday, February 22, at the Four Seasons Hotel in Austin.

Parks Associates will address the electric car industry at the eighth-annual Smart Energy Summit: Engaging the Consumer, February 20-22 in Austin, Texas. The event features keynotes and key speakers from Centrica Connected Home, DTE Energy, the Illinois Commerce Commission, Powerley, Toyota Motor North America, and the U.S. Environmental Protection Agency.

Parks Associates will also host the pre-show research workshop “Utilities and Consumer Engagement Strategies” on Monday, February 20, 1:00-5:00 p.m., featuring detailed findings from the firm’s consumer and industry studies on the smart home, IoT, and energy management markets. The workshop includes a session on disturbed generation with industry insights from Russell Vare, Manager, Business Development, Mercedes-Benz Energy.

This year’s Smart Energy Summit agenda will focus on ways energy providers and energy management companies can capitalize on interest in IoT solutions to create new revenue opportunities. The event includes keynotes, presentations, and speaker panels from experts in energy management, smart home, and IoT, with discussions on current technologies and consumer research.

Parks Associatesis currently accepting press pass requests for Smart Energy Summit: Engaging the Consumer at http://www.parksassociates.com/ses-presspass. More information about the Smart Energy Summit is available at www.SES2017.com. To speak with an analyst or request specific research data, contact Holly Sprague at hsprague@gmail.com or 720-987-6614.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer addresses the evolution of the consumer utility market, the impact of COVID-19 on energy management programs, and new opportunities to drive engagement in utility-sponsored programs. Virtual panels and networking sessions, featuring executive-level experts from multiple industries, address strategies for utilities, service providers, retailers, software providers, and manufacturers to expand and monetize energy management and other energy-focused offerings through consumer engagement, new business models, unique partnerships, and innovative technologies.

Smart Energy Summit features an in-person conference February 13-15 at the Omni Austin Hotel Downtown, with virtual sessions on June 15, August 17, and November 9. 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 #SmartEnergy23. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.smartenergysmt.com.