Parks Associates: 16% of U.S. Broadband Households Plan to Purchase a Renewable-Energy Power Generator Over the Next Five Years

DALLAS, TX--(Marketwired - Feb 13, 2014) - In advance of its research workshop at 2014 Smart Energy Summit next week, Parks Associates announced new research today showing 16% of U.S. broadband households are highly likely to purchase a renewable-energy power generator over the next five years. Nearly 60% of these households plan to purchase solar panels, the most popular option among renewable-energy power generators.

"With nearly 40% of U.S. broadband households interested in purchasing energy management products for the home, consumers are taking one of two paths toward the connected home -either they acquire smart thermostats, network cameras, or smart appliances one at a time, or they purchase a connected home system that includes a bundle of safety, security, or energy-related products," said Tom Kerber, director, energy and home controls research, Parks Associates. "Our workshop will analyze the two paths to market and the relative strengths of OEMs and service providers as they converge in the connected home."

Parks Associates' pre-summit workshop, "Accelerating the Adoption of Energy Management," will be held Monday, February 17, 1:00-5:30 p.m. at the Four Seasons Hotel, Austin, Texas. Industry analysts will present detailed findings from consumer and industry studies on the home energy management markets.

"We are very excited to kick off the 2014 Smart Energy Summit with an in-depth workshop featuring expert analysis and our newest consumer data on developments and trends in the energy and home controls spaces, with a focus on consumer demand and future revenue opportunities," said Stuart Sikes, president, Parks Associates.

Workshop sessions include:

• Consumer Segmentation - Energy Management Adopters
• Variable Pricing
• The Programmable Communicating Thermostat Market
• Bundling Home Controls and Energy Management
• Smart Home Platforms and Energy Management
• Interoperability Challenges and New Solutions

Workshop registration is available at http://www.parksassociates.com/ses-register. Parks Associates will host a networking reception immediately following.

Information about Smart Energy Summit is available at http://www.ses2014.com. Press passes are available at http://www.parksassociates.com/ses-presspass.

About Smart Energy Summit

The fifth-annual Smart Energy Summit will take place February 17-19, 2014, at the Four Seasons in Austin, Texas. www.ses2014.com, www.smartenergysummit2014.com

About Parks Associates

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. www.parksassociates.com