Home Energy Management

AutoGrid, which specializes in AI-driven optimization for distributed energy resources (DERs), has just announced that it will be acquired by Schneider Electric. The two companies have been working together since 2015 and in 2020, they introduced an integrated solution focused on digital transformation for utilities. Once the agreement passes regulatory approval and the usual closing conditions, the deal is expected to close in Q3. Parks Associates’ research reveals that smart...

Data analytics solutions, including disaggregation and energy modeling, provide detailed information and real-time feedback that can inform energy providers' home energy efficiency and demand response programs. Data sources include interval energy consumption data from meter data management systems and devices in the home such as thermostats and major appliances. The effectiveness of many energy programs is tied to applying this type of technology. More consumers see the benefits of...

Parks Associates continues its thirteenth-annual Smart Energy Summit: Engaging the  Consumer with the virtual session, State of Residential Energy Management , on Thursday, April 7, from 11:00 AM to 1:30 PM CT. Bruce Sher , Head of Business Development LG Electronics  will be the featured Fireside Chat speaker at 12:00 PM CT, addressing the changing markets for residential energy management. Prior to the session, Bruce provided insights on key trends that will...

Parks Associates continues its thirteenth-annual Smart Energy Summit: Engaging the Consumer with the virtual session, State of Residential Energy Management , on Thursday, April 7, from 11:00 AM to 1:30 PM CT. Paul Wezner , VP, Product and Customer Success, Powerley will be featured on the interactive panel, The Future of Energy: A Paradigm Shift, at 11:15 AM CT, addressing how the new requirements for active consumer participation in energy savings will drive the transformation...

Parks Associates’ research reveals that 20% of US broadband households report the COVID-19 pandemic has increased their interest in smart energy solutions that can help them manage their energy use, cost, and comfort. Energy management programs and smart energy solutions can deliver immediate cost benefits to consumers, but the energy industry has generally been unable to find solutions that trigger widespread engagement among their customer base. Utilities have tried different...

Rising cost of living has made households more sensitive to energy cost. This has been accompanied by increasing energy demand from existing energy infrastructures most of which are old and dilapidated. Demand response (DR) programs have been designed to ensure sustainable energy supply using existing infrastructures. Natural disasters associated with climate change such as the 2021 winter storm in Texas has also contributed to the heightened concerns of consumers about the...

How Texas Saves $1 Billion in Energy Costs a Year: Optimal Load Shaping At the Smart Energy Summit 2022 in Frisco Texas hosted by Parks Associates, Robert Cruickshank from GRIDIoT gave an insightful presentation of how optimal load shaping (OLS) is the fastest way Texas can decarbonize the ERCOT grid and produce energy at the lowest cost. During the presentation, he noted Texas can quickly and efficiently decarbonize the grid (reducing carbon emissions by nearly 20...

Energy management programs and smart energy solutions can deliver immediate cost benefits to consumers, but the energy industry has generally been unable to find solutions that trigger widespread engagement among their customer base. Utilities have tried different strategies over the years to engage consumers, including a range of energy efficiency (EE) programs that leverage smart thermostats and smart meter data to deliver energy and cost savings. Despite these efforts, a large...