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June 30, 2022

29% of US internet households plan to purchase a smart thermostat in the next six months

Eliq, Eaton, Zen Ecosystems, NRG Energy, and more to speak at Smart Energy Summit

Parks Associates’ smart thermostat research finds 29% of US internet households plan to buy one of these devices in the next six months. Smart Thermostat Market Assessment finds that adoption of smart thermostats has been flat for several years, at 13% of US internet households, despite owners reporting savings that meet or exceed their expectations. The international research firm today hosts the virtual session “Home Energy Management Solutions: Driving Energy Savings”at 11 am CT US, as part of Smart Energy Summit: Engaging the Consumer, to discuss strategies to increase consumer familiarity and adoption with home energy solutions.

Parks Associates Smart Thermostat research

Smart Energy Summit is sponsored by Schneider Electric, SmartThings, Rapid Response Monitoring, Zen Ecosystems, and Particle.io. “Home Energy Management Solutions: Driving Energy Savings” features an executive spotlight session featuring Nathan Ford, Director, Life Cycle Optimization, NRG Energy, Inc., and two interactive panels, “Data and Analytics: Driving Usage and Savings” and “Smart Apartments and Energy Platforms,” with the following panelists:

  • Colin Billings, CEO & Founder, Orro
  • Bob Champagne, VP, Customer Experience Innovation, Smart Energy Water
  • Jay Lasseter, VP Sales, Landis+Gyr North America
  • Håkan Ludvigson, CEO and Founder, Eliq AB
  • Advait Katarki, Business Development Manager - Connected Solutions & EV Charging Infrastructure, Eaton
  • Blake Miller, Founder & CEO, Homebase
  • Wannie Park, CEO, Zen Ecosystems
  • Carol Schmitt, Chief Evangelist, ESG & Energy, RealPage
  • Dan Sullivan, Founder and CEO, EIQhome

“Energy efficiency and sustainability are no longer for just a small subset of people but an unstoppable force, where a new tone is being set for every industry,” said Håkan Ludvigson, CEO and Founder, Eliq AB. “Energy efficiency is today, more than ever, a household topic, which cannot be ignored by utilities. We are seeing significant demand for green and sustainable solutions from multiple industries right now. There is no time to lose.”

“The energy transition is creating incredible opportunities for the electrification of buildings as both property owners and tenants seek to reduce their carbon footprints,” said Advait Katarki, Business Development Manager – Connected Solutions & EV Charging Infrastructure, Eaton. “From consumer adoption of electric appliances to utilities seeking increased flexibility at the edge of the grid, housing and apartment complexes represent a great opportunity to advance electrification efforts. Innovations like Eaton’s smart circuit breakers can help realize the full value of these efforts while creating new possibilities for buildings to become active participants in the grid. We are pleased to join industry thought leaders and stakeholders to present our vision for the future of building electrification and the critical role of smart home energy management technology in enabling this transformation.”

“Energy rates are rising dramatically, and multi-family owners need ways to control costs in common spaces, help their residents save money, and ultimately have a tangible path to carbon reduction,” said Wannie Park, CEO, Zen Ecosystems. “Zen provides apartment owners and managers tools that let them immediately reduce energy costs, shift load to green energy sources, and drive ESG reporting initiatives.”

Parks Associates will feature its latest consumer and industry insights throughout the event, featuring data from its ongoing quarterly surveys of 10,000 internet households.

To register, visit the event website and apply for a Press Pass here. To request data or an interview, contact Rosey Sera, rosey@parksassociates.com, 972-490-1113.

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.