Providing market intelligence for more than 35 years

In The News

Automation key for homeowners to reduce energy consumption

Research from Parks Associates' shows that 91 percent of internet households are actively engaged in reducing energy consumption within their homes. Forty-eight percent report altering their behaviours, while 43 percent report doing recent home renovations to reduce their energy consumption.

"Smart devices and automation solutions complement energy efficient construction and solar/storage systems in the aim to get to net-zero energy consumption," says Jennifer Kent, vice-president, research, with Parks Associates. "Resident behaviour is a big determining factor in achieving net zero, so technology that gives residents the data to monitor their usage and the controls to adjust, coordinate, or automate the appliances and systems in their homes is critical."

Parks Associates' white paper, ‘Building Net Zero Homes with Home Management Systems,’ shows the average internet household has more than 16 connected devices, with 16 percent owning a smart thermostat.

From the article, "Automation key for homeowners to reduce energy consumption" from Home Improvement Retailing

 

Previously In The News

12 Easy To Install Wireless Outdoor Security Cameras Without Subscription

Parks Associates, an American research firm, carried out a survey and noted that as of the end of 2021, 14% of homes with access to the internet had a network-connected security camera, while 15% of h...

Free Parks Associates White Paper on MDU Networks

The free Smart Living: Elevating the Resident Experience white paper from Parks Associates highlights new ways to serve the resident with enhanced experiences across all property classes. It investiga...

Self-directing the hotel room experience

The panel of experts included Anna Scozzafava, VP/general manager, extended stay brands, strategy & operations, Choice Hotels International; Ron Pohl, president, international operations, BWH Hotels a...

Amazon Shuts Down Smart Home for a Week Over Racist Slur Claim

In May, a white paper by Parks Associates, a market research firm, compiled with Iris, a cyber protection company, found among 10,000 internet-connected households surveyed, nearly half reported exper...