Home Energy Management

Before participating at Parks Associates' ninth-annual Smart Energy Summit in Austin, Prateek Chakravarty, Head of Worldwide Sales, Bidgely recently provided insight on challenges and opportunities of the energy industry. What are the barriers to bringing together a broad ecosystem of smart home products that work together as an energy management system? Hardware is expensive, so investing in multiple smart home devices can be impractical for many consumers. Likewise, with...
Before speaking at Parks Associates' Smart Energy Summit: Engaging the Consumer in Austin, Gene Wang, CEO at People Power, answered several key questions on current and future trends within the energy industry: What are the barriers to bringing together a broad ecosystem of smart home products that work together as an energy management system? Different manufacturers with different agendas, lots of protocols and standards, different communication rates, data policies that...

Imagine a hot summer night in Phoenix, one of the hottest major cities in the United States. I’m visiting my grandmother’s home while on a break from college and sleeping on the pullout couch in her guest room. It’s 2 a.m., and I have awoken feeling quite warm and am unable to return to a peaceful slumber. That’s because my grandma has turned up the thermostat to 82 degrees. Her formative years were during the height of the Great Depression, and throughout the course of her life,...
Alton Martin, Chief Evangelist at Trusource Labs, provided insight on several key industry trends for Parks Associates’  eighth-annual Smart Energy Summit: Engaging the Consumer , which was held February 20-22 at the Four Seasons Hotel in Austin, Texas: What do you think is the most challenging issue for your company as it relates to the residential energy management market? As a supplier to the providers of residential power, the biggest impact we see is the...

We recently released a  complimentary whitepaper  examining the top trends in the connected home, health, and mobile industries.  Top 10 Consumer IoT Trends in 2017 , which features insight from Parks Associates’ analyst team, examines key topics driving growth and monetization of the IoT. To cross the chasm, the smart home industry will continue to develop new use cases for security, peace of mind, and energy management. Despite years of collective...
Pierre Fitzgerald , Global Energy & Utilities Industry Lead, Ericsson, provides insight on several key industry trends for Parks Associates’ 11th-annual CONNECTIONS™ Summit conference , which will be held January 5 at CES 2017 in Las Vegas: What is the most important next step to engage consumers in smart home solutions, connected entertainment services, and/or value-added services like tech support and connected health? Key elements to engage consumers will be:...

National Grid, a leading utility provider in the Northeast, today announced the introduction of its Connected Solutions platform in Massachusetts and Rhode Island. The innovative consumer energy platform leverages Earth Networks’ WeatherBug Home® technology to let customers connect and manage smart devices and appliances for their home or business. National Grid’s platform is designed to help customers conveniently reduce energy use in the summer, when energy demand is high....
 
by Parks Associates | Jun. 1, 2016
Tags: none
Parks Associates research recently cited in Intelligent Utility shows that 16% of all U.S. broadband households own one or more smart home devices. Many of these smart devices offer energy management capabilities, including demand response. Utilities are now weighing the benefits of incorporating smart devices into utility programs. Tom Kerber , Director of Research for Home Controls & Energy, reports that utilities can use data from smart devices to advance the success of...


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