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29 OCT 2013

Parks Associates Smart Home Research: 38% of U.S. broadband households willing to purchase connected home energy management products

International Research Firm Brings Together Duke Energy, Reliant, Vivent, Candi Controls, iControl Networks, Schneider Electric, and more for 5th Annual Smart Energy Summit

Parks Associates today announced smart home research showing 38% of U.S. broadband households are willing to purchase at least one smart home energy management (HEM) product. Over 25% are willing to purchase two or more, including lighting controls, appliance switches, and thermostats that can be controlled remotely, but only 1% are interested exclusively in HEM products. Safety offerings such as detectors and call buttons are the most popular smart home products.

Parks Associates’ fifth-annual Smart Energy Summit: Engaging the Consumer will be held February 17-19, 2014, at the Four Seasons Hotel in Austin. The event features early sponsorship support from Speed Wire, Alarm.com, ecobee, Lowe's, People Power, Percepscion, PlanetEcosystems, Qualcomm, Schneider Electric, and Technicolor and a keynote from Stuart Lombard, President and CEO, ecobee. 

"Nearly 40% of U.S. broadband households are interested in purchasing energy management products for the home, but in most cases, they want these products within a broader offering of smart home products," said Stuart Sikes, president, Parks Associates. “At 2014 Smart Energy Summit, we will analyze strategies from utilities and telco/cable provider strategies, consumer engagement, partnership opportunities,  and the impact of connectivity and big data on demand response (DR) and energy efficiency programs.”

The Smart Energy Summit 2014 Advisory Board, who help to shape the content and focus of the conference with the Parks Associates energy research team, includes the following participants:

Áine Denari, Director, Strategy,Ingersoll Rand Residential Solutions
Denis Garman
, Category Leader - Energy Management & Information Group, Duke Energy
Bill Harmon, VP, Residential Segment Marketing, Reliant
Chris King
, Chief Regulatory Officer, eMeter, A Siemens Business
Yann Kulp, VP, Strategy and Business Development, EcoBusiness North America, Schneider Electric
Tim Lott, Energy Product Director, Vivint
Letha McLaren, Vice President, Product Management, iControl Networks
Kevin Meagher, VP and General Manager, Smart Home, Lowe's
Roy Perry, VP, Ecosystem Alliances, Alarm.com
Jennifer Pulliam, Director, Innovation, TXU
Larry Oliva, Director, Meter Services Organization and CS Safety, Southern California Edison (SCE)
Steve Raschke, President, Candi Controls
Ted Reguly, Director, Smart Meter Program - Director, San Diego Gas & Electric (SDGE)
Randy Stearns, CEO and Founding Partner, VIA International
Ken Wacks, Management & Engineering Consultant,Gridwise Architecture, Council, U.S. Department of Energy

Parks Associates is currently accepting speaker submissions. More information is available at www.ses2014.com.

Tom Kerber, energy analyst at Parks Associates, will co-host the webcast “Understanding Revenue Models for Smart home Technologies,” on Wednesday, November 6, 2013. The webcast examines home controls business opportunities in Europe and which companies and channels are meeting with early success. Presenters include executives from iControl Networks, Securitas Direct – Verisure, Cisco Systems, and Parks Associates.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities to help empower consumers with solutions to save energy in the home. The event addresses the potential benefits of incorporating smart products into energy efficiency and DR programs and the opportunities across converging ecosystems for the market for energy solutions, including connected devices, energy management, utility services, and home control platforms and services.

The Smart Energy Summit focuses on identifying new strategies that utilities and other providers can leverage as a result of the adoption of new consumer technologies. 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 ninth-annual Smart Energy Summit will take place February 19-21, 2018, 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 #SmartEnergy18. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2018.com.

About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.

The company's expertise includes the Internet of Things (IoT), digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.

Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, Smart Energy Summit: Engaging the Consumer, and Connected Health Summit: Engaging Consumers.