Cover Image
Market Research Report

Energy Services in the Smart Home

Published by Parks Associates Product code 327779
Published Content info 47 Slides
Delivery time: 1-2 business days
Price
Back to Top
Energy Services in the Smart Home
Published: April 6, 2015 Content info: 47 Slides
Description

Energy Services in the Smart Home analyzes the demand for value-added services that complement electricity service with smart home-enabled monitoring capabilities. The research gauges consumer interest and willingness to adopt these services at varying price points and bundles. The value-added services tested include energy consumption monitoring, energy-efficiency services, and device performance monitoring. It breaks down results by electricity service provider and assesses the impact of stand-alone devices that enable similar features (e.g., smart thermostats, smart appliances, etc.).

image1

Table of Contents

Table of Contents

About the Research

Previous Research

  • 360 View: Energy Management, Smart Home, and Utility Programs (Q4/14)
  • Trends and Segments for Home Energy Management (Q3/14)
  • Digital Engagement of Consumers: Home Energy Management (Q3/14)
  • Home Energy Management Adopters (Q2/14)
  • Expanding Residential Demand Response Adoption (Q1/14)
  • Leveraging Partnerships to Deliver Home Energy Management (Q1/14)

Key Findings

Industry Insight

Recommendations

Overview of Home Service Adoption:

  • Adoption of Home Services (Q4/14)
  • Adoption of Home Services by Making Home Updates/Improvements (Q4/14)
  • Likelihood of Adopting Home Services (Q4/14)
  • Likelihood to Adopt Home Services by Age (Q4/14)
  • Comparison of Those with Home Services vs. Purchase Intenders & Non-Intenders (Q4/14)

Appeal of Value-Added Monitoring Services:

  • Three Hypothetical Value-Added Services
  • Appeal of Value-Added Monitoring Services (Q4/14)
  • Likelihood of Subscribing to Value-Added Monitoring Services (Q4/14)
  • Comparison of Those Unlikely to Subscribe vs. Likely to Subscribe to Value Added Monitoring Services (Q4/14)
  • Appeal of Value-Added Monitoring Services by Willingness to Use Technology to Create Time for Family (Q4/14)

Impact of Bundling Value-Added Monitoring Services with Home Services:

  • Demand for Home Services if Bundled with One or More Hypothetical Value-Added Monitoring Services
  • Likelihood of Adopting Home Services with Value-Added Monitoring Service (Q4/14)
  • Comparison of Those Likely to Subscribe to Value-Added Monitoring Services (Q4/14)

Impact of Bundling Value-Added Monitoring Services on Subscriber Acquisition:

  • Likelihood of Switching Electricity Provider for Incentive (Q4/14)
  • Comparison of Those Very Willing to Pay vs. Those Unwilling to Pay An Annual Service Fee for Top-Ranked Thermostat Features

Appeal of Bundling Multiple Services:

  • Appeal of Bundling Other Services with Electricity Service (Q4/14)
  • Number of Home Services Desired to be Bundled with Electricity Service (Q4/14)
  • Desire to Bundle Access & Entertainment vs. Home Management Services with Electricity Service (Q4/14)
  • Desire to Bundle Access & Entertainment vs. Home Management Services with Electricity Service
Back to Top