Home Energy Management

Wednesday, November 23, 2022

Impact of growing smart home ecosystem on energy management solutions addressed in new research whitepaper

Nearly one-third of US internet households report intentions to purchase a smart energy device in next six months

A new Parks Associates whitepaper, Next Frontier of Smart Energy Management, reports strong consumer purchase intentions for smart energy devices—almost one-third plan to buy a smart light bulb (32%), smart plug (30%), and/or a smart thermostat (29%) in the next six months. The whitepaper, developed in partnership with SmartThings, addresses how connected technol ...read more

Wednesday, October 26, 2022

27% of smart thermostat owners report owning a Nest thermostat

New research highlights factors that could drive smart thermostat growth, including grid instability and rising energy costs

New research from Parks Associates shows that 13% of internet households have a smart thermostat. About one in four, equaling roughly 15 million households, report owning a Google Nest thermostat, while Honeywell and ecobee round out the top three brands in this product category. Parks Associates’ Smart Thermostat Market Assessment includes consumer da ...read more

Tuesday, September 20, 2022

Electric vehicle owners are two times as likely to own smart home devices and up to five times as likely to own smart appliances

Parks Associates highlights new research at CEDIA Expo in session “The Role of Energy Management in the Future Home”

Parks Associates’ new consumer study Electric Vehicles and the Smart Home finds that nearly three-fourths of electric vehicle (EV) owners own at least one smart home device, compared to 38% of all US internet households. The research firm will share its energy and smart home insights on the panel “The Role of Energy Management in the Future Home” at the upcomi ...read more

Tuesday, September 06, 2022

Electric vehicle owners charge at home most often, but 61% also charge regularly at work

Industry webinar, in cooperation with Particle, addresses new opportunities and challenges within the growing electric vehicle (EV) market

Parks Associates research finds that while electric vehicle (EV) owners charge at home most often, 61% also charge regularly at work, and over 50% charge while at a restaurant, highlighting the demand for and need to expand charging infrastructure as more households acquire EVs.

The research firm will highlight its consumer EV researc ...read more

Thursday, June 23, 2022

36% of consumers would pay more to use power from renewable sources

Industry webinar, in cooperation with Schneider Electric, features insights on opportunities, challenges, and trends in home energy

Parks Associates research reveals consumer interest in renewables is growing stronger—56% of US internet households would select renewables as an energy source if costs were the same and 36% say they would pay more to use power from renewable sources.  The webinar “Smart Home Energy Solutions: Making a Complex Future Simple” on Thursday, June 28 ...read more

Tuesday, November 16, 2021

Parks Associates whitepaper explores digital strategies to drive consumer adoption of energy management solutions

New whitepaper developed for Cox Communications reveals 20% of US broadband households report that COVID-19 has increased their interest in smart energy solutions

A new whitepaper from Parks Associates, Home Energy Management: Driving Consumer Engagement and New Revenue, reveals 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. The whitepaper, devel ...read more

Thursday, April 22, 2021

Only 26% of US broadband households report high familiarity with electric vehicles

Consumer survey of 10,000 US broadband households provides insights on interest in clean energy and smart energy management solutions

New research from Parks Associates reveals consumer interest in clean energy solutions has expanded, with 43% of US broadband households stating they would prefer to live in a community powered by solar energy, but low familiarity with energy devices is still a barrier for adoption for most households. The firm’s “Smart, Clean, Connected: The ...read more

Tuesday, February 04, 2020

Twenty-nine percent of US broadband households plan to purchase a smart thermostat in 2020

Parks Associates and PLMA present data and insights on consumer awareness and familiarity of energy management solutions, programs, and tools

Parks Associates research finds 29% of US broadband households plan to purchase a smart thermostat in 2020 and 13% of broadband households currently own a smart thermostat. Consumers are also showing more interest in automated energy programs, as 42% of current smart thermostat owners would allow a utility to adjust their device in or ...read more

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