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12% of US internet households with more than 2,000 sq. ft. plan to buy solar panels in the next year

Alarm.com roundtable addresses the role of energy management solutions, driven by solar and storage, in forming the next generation of services in the connected home

Parks Associates’ latest research finds seven percent of US internet households own solar panels and five percent own an electric vehicle. Seven percent of US internet households plan to purchase solar photo voltaic (PV) panels in the next year, including 12% of households with more than 2,000 square feet. The international research firm will host Energizing a Smart Home: Solar and Security, a virtual roundtable sponsored by Alarm.com, on March 2, 2023, at 10:00 AM CT, as part of the CONNECTIONS virtual event services.

“Consumers expect technology everywhere in their daily lives and are looking for help to better understand how to be more energy efficient in the home,” said Elizabeth Parks, President and CMO, Parks Associates. “A household can realize multiple benefits by integrating solar solutions with other smart home and security systems. This will be a great session highlighting new demand for energy services and future integration of energy and security in the home.”

“Solar is one of the fastest-growing sectors of the US energy industry, and last summer, Alarm.com began offering an integrated solar monitoring solution,” said Shawn Barry, Vice President of Strategic Sales at Alarm.com. “We want to offer tools and resources for our service providers' customers that desire sustainable energy solutions, so they are empowered to make smarter decisions.”

Energizing a Smarter Home: Solar and Security speakers will discuss strategies that integrate solar, security, and smart home and how this combination can lower attrition, deliver short- and long-term energy savings, and keep consumers engaged with positive experiences among all home systems. This roundtable features the following industry leaders:

  • Brendan Armstrong, Controller, Trinity Wiring & Security Solutions
  • Shawn Barry, VP Strategic Sales, Alarm.com
  • Clint Cushing, CEO, Nomo Hub
  • Jason Dudley, Director, Product Development and Implementation, GreenMarbles
  • Eamonn Urey, Product Manager, Salt River Project

About CONNECTIONS™

Parks Associates' 29th annual CONNECTIONS™: The Premier Connected Home Conference is hosted May 13-15 at Renaissance Dallas at Plano Legacy in Plano, Texas, and brings industry leaders together to provide insights and business forecasting about the adoption of technology including broadband, smart home, security, connected health, energy, and home automation.

CONNECTIONS™ provides ongoing insights throughout the year with virtual and in-person conference sessions. Parks Associates' analyst team leads the conference sessions, which are focused on technology innovations, consumer adoption and trends, product and service forecasts, and the evaluation of new business strategies, partnerships, monetization opportunities, and value-added service design.

CONNECTIONS™ is a pivotal platform for partnerships and exploring the future of technology adoption and its impact on consumers and businesses. www.connectionsus.com