Home Energy Management

Parks Associates home energy management research finds that only 30% of the 160 million meters in the United States have been upgraded to smart meters. This means that a majority of meters have no communications within U.S. broadband households. To complicate the matter further, there are over 10 million load control devices deployed using hundreds of different demand response communication approaches.  No single technology is used by more than 10% of utilities.

As the ...read more

New Parks Associates industry reports show that emerging revenue opportunities exist for utilities and providers within the smart home and home energy management markets. The reports emphasize that increased consumer adoption (and therefore increased revenue) will occur as utilities, providers, and smart home vendors find valuable partnerships within the smart home space.

In Leveraging the Cloud for Home Energy Management, the research firm notes that, of the 160 million meters ...read more

Parks Associates has released a new consumer analytics report on consumer interest in and adoption levels of home energy management features. The market focus report, "Consumer Segmentation: Who Will Pay for Home Energy Management?" analyzes the overall appeal of different types of smart home features, providing key insights into the top five features consumers identify as most important.

11% of U.S. broadband households already own and use a programmable, Internet-connected ...read more

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 indicates tha ...read more

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 advant ...read more

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 b ...read more