Tuesday, February 13, 2018

Only 9% of U.S. broadband households think their home is energy efficient

Speakers for the ninth-annual Smart Energy Summit include Austin Energy, Carrier, DTE, Mercedes-Benz, Nest, and many more

New energy research announced today by Parks Associates reveals 56% of U.S. broadband households believe it is very important to have an energy-efficient home but only 9% think their home is very energy efficient. The research firm will explore strategies for energy providers and smart home innovators to close this gap among consumer at the ninth-annual Smart Energy Summit: Engaging the Consumer, February 19-21, at the Omni Austin Downtown in Austin, Texas.

“The disconnect between consumer expectations of home efficiency and actual performance represents a significant opportunity,” said Tom Kerber, Director, IoT Strategy, Parks Associates. “Utilities can serve this need by providing tools and customized recommendations to simplify decision making, and eliminating friction associated with making upgrades overtime.”

Importance of an Energy-Efficient Home: Value vs. Reality | Parks Associates

Parks Associates’ 360 View: Energy Management, Smart Home, & Energy Providers tested interest in energy management features and found that consumers see the most value in the ability to check their household’s energy usage in real time, followed closely by getting an electric that is easy to read and understand.

Smart Energy Summit: Engaging the Consumer includes interactive expert panel discussions on the future of energy planning, wholesale market opportunities, and the keynote “Smart Neighborhoods and the Future of Energy,” by Kim Greene, Executive Vice President and Chief Operating Officer, Southern Company.

 Smart Energy Summit features two key sessions focused on current wholesale market opportunities and the future of energy planning.

Speakers for “Managing the Grid with Distributed Energy Resources (DER)”:

  • Rich Barone, Manager, Demand Response, Hawaiian Electric / PLMA
  • Ben Cohen, Global Strategy Manager, AutoGrid
  • Denver Hinds, R&D Project Manager, Sacramento Municipal Utility District (SMUD)
  • Dr. Marissa Hummon, Director of Product, Tendril
  • Matt Johnson, VP of Business Development, EnergyHub

Speakers for “Wholesale Market Opportunities”:

  • Robbie Berglund, Business Unit Executive, The Weather Company, an IBM Business
  • Bob King, CEO, Good Company Associates
  • Peter Klauer, Senior Advisor, Smart Grid Technology, California ISO
  • Greg Sorenson, PE, CIA, Supervisor, Market Power and Mitigation, Southwest Power Pool (SPP)
  • Paul Wattles, Sr. Analyst, Market Design & Development, ERCOT

Conference sponsors include Tendril, Rapid Response, Grid4C, Affinegy, Alarm.com, Austin Energy, Bidgely, Carrier, Innotrail, People Power, Powerley, Trusource Labs, The Weather Company, Whisker Labs, and the Z-Wave Alliance.

Parks Associatesis accepting press pass requests for Smart Energy Summit: Engaging the Consumer at www.parksassociates.com/ses-presspass. More information about the Smart Energy Summit is available at www.SES2018.com. To speak with an analyst or request specific research data, contact Julia Homier at Julia.homier@parksassociates.com or 972-996-0214.

About Smart Energy Summit

Smart Energy Summit: Engaging the Consumer examines the changing role of utilities and energy providers in the IoT era and offers research and insights on new opportunities to empower consumers with smart solutions to manage and save energy in the home. The conference addresses key questions for energy providers around leadership and alignment of goals between residential energy management solutions and the grid and presents strategies to expand business and revenue goals by incorporating smart products into energy programs.

Smart Energy Summit focuses on identifying opportunities across converging ecosystems to create new value in energy solutions through partnerships that leverage connected devices, energy management, utility services, and home control platforms and services. 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 eleventh annual Smart Energy Summit will take place February 17-19, 2020, 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 #SmartEnergy20. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2020.com.

Next: Parks Associates: 37% of U.S. broadband households made energy-saving home improvements in the past year
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