Home Energy Management

Parks Associates announced new research finding at the 2014  Smart Energy Summit  in Austin this week. The results of a new consumer satisfaction survey report that many consumers are nervous about switching to a variable rate or time-of-use (TOU) energy program, thinking that their energy bills will increase after doing so. However, once a household adapts to off-peak consumption patterns, their bills could actually decrease. Additionally, Parks Associates research...
Residential demand response is in transition.  Smart meters, participation in energy markets, and connected products are all forcing executives to consider new approaches and business models that take advantage of the new environment. Smart meters and the associated meter data management systems enable utilities to create new DR programs that reward participation.  At the Smart Energy Summit panelist will evaluate the impact of smart meters on DR programs and discuss the...
 
by Maia Hinkle | Feb. 12, 2014
Tags: Demand response, Smart Energy Summit, thermostat

This is an insane amount of money to spend on a start up. My estimate is that $3.2B is more than 20X earnings. So why does Google think that is worth $3.2B? Nest has reported 100% growth in both 2012 and 2013. In order to sustain that growth, they must have a great product roadmap. It is likely that they will introduce products in other categories that will bring technology to stale products in the same way that they have reinvented the thermostat and smoke detector. Nest has been...
 
by Tom Kerber | Jan. 16, 2014
Tags: Google, Internet of Things, thermostat
Parks Associates and Lowe’s are co-hosting a complimentary webcast, "Partner or Compete: Utility Decisions on Home Energy Management” on February 4 at 1 PM CST. The market for home energy management (HEM) offerings is expanding, bringing in new players and more options to consumers. This webcast presents new research and strategies to transform energy solutions into mass-market offerings through bundling and partnership opportunities. It also examines the role of...
 
by Julia Homier | Jan. 14, 2014
Tags: smart home, Webcast

Parks Associates has released a new primary research survey, 360 View: Energy & American Broadband Households . This consumer survey highlights value propositions driving adoption of smart home products and services and the role of energy within this expanding market area. This research study reveals the consumer perspective with the expanding smart home market. It also provides analysis and in-depth details of the rapidly changing landscape of energy management and smart...
 
by Julia Homier | Nov. 11, 2013
Tags: smart home, thermostat
Developing a more cost-effective approach to executing demand response is one of keys to advancing the industry. One of the key technologies that will reduce overhead associated with demand response is the automation of energy transactions. Automating energy transactions will enable an energy marketplace, permitting smart appliances and thermostats to act on their owner's behalf and participate in the demand response market. Demand response programs at the wholesale level are already...
 

Concerned that the new, digital electrical meters are unhealthy, expose customer data to computer hackers and terrorists, or give the government a tool of control? There's hope, you might not have to get a smart meter after all. Key lawmakers have threatened to propose legislation requiring utilities to allow customers to decline a smart meter, unless the commission creates a way for people to opt out pronto. Some electricity customers worry the digital meters, which use wireless...
 
by Parks Associates | Jun. 7, 2012
Tags: smart grid, smart meter
Smart Energy Summit: Engaging the Consumer is an annual event hosted by international research firm Parks Associates. The event covers energy management from every angle, with Parks Associates' analysts providing market analysis and consumer and industry research, with sessions exploring market timing, value propositions, consumer engagement models, and revenue streams for all players in the industry. The 2012 conference in Austin, Texas, featured speakers from utilities, retail...


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@ParksAssociates 13% of US broadband homes owned a #smartthermostat at the end of 2017, up from 11% in 2016, according to new resear… https://t.co/930YX0BFga

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