Parks Associates forecasts over 60% of U.S. households will have an energy management network by 2022
Smart Energy Summit addresses factors to increase consumer engagement with energy management
Retailers, service providers, and utilities are all entering the U.S. market for energy management, which will help drive annual subscription revenues from these systems to over $180 million by 2015, according to Parks Associates. The international research firm hosts Smart Energy Summit: Engaging the Consumer in Austin, Texas, February 28-March 1, an annual event focusing on new technologies, partnership opportunities, and consumer-oriented energy management solutions.
"Energy management is being bundled with home monitoring and control, security, broadband, and video services," said Tom Kerber, Director, Research, Home Controls and Energy, Parks Associates. "Next week, we will hear insights into partnership opportunities that can generate recurring revenues, reduce customer attrition, develop value-added services, and engage consumers in new ways with energy management solutions."
Alarm.com, Comverge, ERCOT, Reliant Energy, and SEQUENTRIC Energy Systems address the demand-response market and business models in the pre-show workshop session "Demand Response and Consumer Engagement" on February 28.
Among the February 29 sessions, GE Appliances, Opower, Smart Grid Consumer Collaborative, and Tendril address new marketing strategies to change the way consumers purchase, conserve, and manage electricity in "Boosting Consumer Adoption: New Value Propositions."
Allure Energy, Blue Line Innovations, ecobee, and Ingersoll Rand address crossover opportunities for independent solutions to merge with home area networks (HANs) in "Growth and Impact of Energy Management Device Offerings."
Alarm.com, Cox Communications, and ADT Security Services present different market entry and expansion strategies, weighing in on the decision to partner with utilities versus providing alternative solutions in "2015 Offerings: New Services, Features, and Pricing Models."
Among the March 1 sessions, CableLabs, Swisscom, and Telecom Italia share differences in business models and value propositions for international implementations and suggest which lessons are applicable to the U.S. in "International Experiences: Translation for the U.S. Market."
Simple Energy, Pecan Street Project, the Texas Office of Public Utility Counsel, and the GridWise Architecture Council discuss new policy initiatives and their impact on market dynamics, business strategies, and consumer value propositions in "The Impact of Policy on Energy Management Deployments and Solutions."
Austin Energy, EcoFactor, Itron, Proximetry, and Sprint explore the partnership opportunities between utilities and service providers in "Hybrid Solutions: Beyond Home Networks."
To register, visit www.smartenergysummit2012.com or contact 972-490-1113, firstname.lastname@example.org.
About Smart Energy Summit
Smart Energy Summit: Engaging the Consumer, hosted by Parks Associates, is the premier conference studying the market for residential energy management and smart grid technologies.
This event features a unique combination of market research, including Parks Associates' landmark Residential Energy Management service, and real-world expertise, with industry experts examining the impact of smart grids on home systems. The conference deeply examines the business models, consumer value propositions, and the deployment plans of energy utilities, cloud services, home systems and communications service providers. www.smartenergysummit2012.com
About Parks Associates: Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from Fortune 500 to small start-ups through market reports, primary studies, consumer research, custom research, workshops, executive conferences, and annual service subscriptions.
The company's expertise includes digital media and platforms, entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, support services, consumer apps, advanced advertising, consumer electronics, energy management, and home control systems and security.
Each year, Parks Associates hosts industry webcasts, the CONNECTIONS™ Conference Series, and Smart Energy Summit: Engaging the Consumer.