More than half of US households value energy-saving benefits of smart tech

Parks Associates’ latest research finds that 52% of US internet households find automating savings and remotely controlling lights, thermostats, and appliances to save energy valuable or highly valuable benefits for smart home devices. The research firm will share the latest data on the adoption of connected home technologies at its 28th annual CONNECTIONS: The Premier Connected Home Conference, hosted from the 7-9 of May at the Hilton Dallas/Plano Granite Park Hotel in Plano, TX.

The executive conference will feature educational sessions focused on the next generation of home services, new revenue strategies, the role of AI in the smart home, insurance partnerships and risk reduction, and the role of interoperability.

CONNECTIONS sponsors include Cox Communities, Nice, Cardinal Peak, an FPT Software Company, Ivani, Kaadas Smart Locks, Kwikset, Rapid Response Monitoring, SkyBell, Ubiety Technologies, Alarm.com, Shelly, SmartThings, Becklar, Calix, bluesalve partners, Midea America, Cognitive Systems, RSPNDR, Savant, Trident IoT, Xailient, Affiliated Monitoring, Origin, and the Z-Wave Alliance.

“Purchase intentions for solar panels have returned to 2018 levels after a peak of 12% at the end of 2021,” said Elizabeth Parks, President and CMO of Parks Associates. “High interest rates are a key factor in this decline, so the industry will need to demonstrate the ROI and explain the value of new technologies. New partnerships will be crucial for success, and companies can highlight the value of their solutions by integrating the analytics and reported savings into the consumer experience.”

Throughout CONNECTIONS, sessions will emphasise Parks Associates research and the role of energy in the growth of the connected home. Jim Nye, Chief Product Officer at Vivint, will deliver a keynote on Wednesday, the Eighth of May, at 11:30 AM CT. The conference will feature the following energy-focused sessions:

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