8% of U.S. broadband households plan to purchase a plug-in electric vehicle in next 12 months

Smart Energy Summit, February 20-22 in Austin, features keynote from Toyota

Dallas, TX, February 7, 2017 - Parks Associates today announced new smart energy research showing 8% of U.S. broadband households plan to purchase a plug-in electric vehicle in the next 12 months, up from 5% at the end of 2015. 360 View: Energy Management, Smart Home, and Utility Programs notes purchase intention for plug-in electric vehicles was only 3% at the end of 2014 and has steadily climbed each of the last two years.

"As electric cars become more prevalent, and as more of these devices plug in to the grid to charge, they will alter the energy consumption of a household," said Stuart Sikes, President, Parks Associates. "Utilities are taking important steps to understand and prepare for this new demand. The electric car could also be the basis for new partnerships among the smart home and energy sectors, as households will need management and monitoring solutions to understand and control these changes in their energy consumption."

Kevin Butt, General Manager, Environmental, Toyota Motor North America, will deliver the morning keynote "Connected Car & Smart Energy - What is the Connection?" at 9:45 a.m. on Wednesday, February 22, at the Four Seasons Hotel in Austin.

Parks Associates will address the electric car industry at the eighth-annual Smart Energy Summit: Engaging the Consumer, February 20-22 in Austin, Texas. The event features keynotes and key speakers from Centrica Connected Home, DTE Energy, the Illinois Commerce Commission, Powerley, Toyota Motor North America, and the U.S. Environmental Protection Agency.

Parks Associates will also host the pre-show research workshop "Utilities and Consumer Engagement Strategies" on Monday, February 20, 1:00-5:00 p.m., featuring detailed findings from the firm's consumer and industry studies on the smart home, IoT, and energy management markets. The workshop includes a session on disturbed generation with industry insights from Russell Vare, Manager, Business Development, Mercedes-Benz Energy.

This year's Smart Energy Summit agenda will focus on ways energy providers and energy management companies can capitalize on interest in IoT solutions to create new revenue opportunities. The event includes keynotes, presentations, and speaker panels from experts in energy management, smart home, and IoT, with discussions on current technologies and consumer research.

Parks Associates is currently accepting press pass requests for Smart Energy Summit: Engaging the Consumer at http://www.parksassociates.com/ses-presspass. More information about the Smart Energy Summit is available at www.SES2017.com. To speak with an analyst or request specific research data, contact Holly Sprague at hsprague@gmail.com or 720-987-6614.

About Smart Energy Summit
Smart Energy Summit: Engaging the Consumer examines new cross-industry opportunities in the expanding market for energy solutions, including connected devices, energy management, utility services, and home control platforms and services, as they evolve within the smart home and consumer-based Internet of Things.

Smart Energy Summit focuses particularly on the challenge of engaging consumers with energy-related solutions. Research analysts, thought leaders, and industry executives present and discuss business strategies, case studies, partnership opportunities, and consumer research that utilities, service providers, retailers, and manufacturers can use to expand and monetize their energy offerings.

The eighth-annual Smart Energy Summit will take place February 20-22, 2017, at the Four Seasons Hotel in Austin, Texas. The summit agenda features leaders from utilities, state and national regulators, telecom and security companies, retailers, and OEMs. Follow the event on Twitter at @SmartEnergySmt and #SmartEnergy17 and on the Smart Energy Insights Blog. For information on speaking, sponsoring, or attending Smart Energy Summit, visit www.ses2017.com.

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