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Ten percent of consumers installed variable-speed pool pumps or solar panels in 2019, a 66% increase over 2018

Arcadia Power, Innowatts, Sunrun, Direct Energy, IBM, Lennox, Schneider Electric, and more address energy management in the home at Smart Energy Summit

Parks Associates’ latest research shows 10% of US broadband households report extreme energy-saving measures, by installing solar panels or a variable-speed pool pump, an increase of 66% from 2018 to 2019. Over that same time, 40% made home improvements to save energy, a 14% increase. Parks Associates will host its eleventh annual Smart Energy Summit, February 17-19, in Austin, Texas, to examine opportunities for energy providers to convert consumer interest in energy services into actual purchases, including the role of DIY solutions and other innovations to drive broader consumer adoption of energy management.

Event sponsors include FLO, Rapid Response Monitoring, AutoGrid, Bidgely, Copper Labs, Everise, Zen Ecosystems, Alarm.com, Sprosty Network, Austin Energy, and Inspire.

“Consumers are making home improvements to save energy and installing energy-saving solutions to reduce energy consumption,” said Elizabeth Parks, President, Parks Associates.  “We have also seen an increase across the board of high familiarity with energy programs, indicating that marketing and new initiatives are having an impact on consumer choices for energy-saving solutions in the home.”

Parks Associates will host a pre-show workshop, “Trends and Opportunities in Residential Energy Management,” featuring detailed findings from Parks Associates' consumer and industry studies on the smart home, IoT, and energy management markets.

 Parks Associates - Energy Saving Actions 2020 consumer research 

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Smart Energy Summit addresses the new approaches and solutions that are using connectivity and data to transform how energy is delivered. The Summit will also examine the impact of smart home, AI and data analytics, and new energy storage solutions on utilities, energy service providers, and consumers.

To schedule an interview with an analyst or to request data, please contact Elizabeth Parks at eparks@parksassociates.com, 972-490-1113.

About Smart Energy Summit

Parks Associates’ 15th annual Smart Energy Summit: Engaging the Consumer is co-located with DISTRIBUTECH 2024 on February 27-28 at the Orange County Convention Center in Orlando, Florida.  Smart Energy Summit addresses energy and renewables technology trends in the residential and small-to-medium business markets.

Industry players join expert panels and networking sessions to address the expansion and monetization of energy management and other energy-focused offerings through consumer engagement, new business models, unique partnerships, and innovative technologies.

The conference also features 2024 virtual sessions January 23, July 23, and October 10. Follow the event on Twitter/X at @SmartEnergySmt and #SmartEnergy24. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.smartenergysmt.com.