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PARKS ASSOCIATES FORECASTS OVER 60% OF U.S. HOUSEHOLDS WILL HAVE AN ENERGY MANAGEMENT NETWORK BY 2022
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.”
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