New data from market researcher Parks Associates shows 60% of U.S. households think they’re paying too much for electricity. The firm will host dozens of experts from Big Tech and energy companies, including Arcadia, Google, GAF Energy, SmartRent, and ConEdison, to speak on solutions to spiking utility costs at the Smart Energy Summit on February 27 and 28.
The summit will feature Parks Associates’ most recent consumer research, diving into the main factors inspiring consumers to adopt energy management solutions. The report offers insight into different strategies to deliver new smart energy solutions to consumers.
“Adoption of smart thermostats is starting to trend upward after years of stagnation, while consumers are expressing more interest in energy-saving tech solutions, for both their financial and environmental benefits,” said Mindi Sue Strenblitz-Rubenstein, vice president of marketing at Parks Associates. “Smart Energy Summit features an unparalleled lineup of thought leaders, from energy services, public policy, smart home, and consumer solutions, sharing insights on strategies to drive this market forward.”
The study echos a recent report by HOP Energy, which found 69% of U.S. consumers saw electric bills spike while 48% struggle to pay rising utility bills. More than 71% said they were searching for ways to cut costs.
From the article, "More Than 60% of U.S. Households Feel They’re Paying Too Much For Electricity" by Kayla Wassell
Networked surveillance cameras are leading the adoption of smart-home technology, Parks Associates said in releasing consumer-survey results during ISC West. Nine percent of U.S. broadband househol...
The number of broadband-connected households with a game console will fall to less than 50 percent by 2019 from today's 58 percent, thanks to the growth of gaming options on platforms such as smart TV...
Parks Associates has identified more than 15 smart-home platform players in this growing, yet competitive, market. These platforms can be segmented based on the extent of their openness through APIs a...
Smart-home products are rolling out to the masses as consumers look for ways to simplify their daily lives. According to a recent survey from Parks Associates, more than 40 percent of U.S. broadban...
