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Big Dollars In Remote Energy Management & Services For Homes

Big Dollars In Remote Energy Management & Services For Homes

The international research firm’s report Residential Energy Management 2011: Trends and Opportunities claims that 13 percent of  households will have some type of energy management system installed by 2015.

In Australia, Intel has already delivered 500,000 management systems for homes in the Hunter region, Victoria and NSW.

These broadband-connected systems, combined with consumers wanting to make energy savings, will open opportunities outside the utility industry for manufacturers and service providers. 

One-third of consumers in broadband households find remote control of lights, appliances and thermostats via Web-enabled devices very appealing. Nearly 50 percent find email/text notification of smoke, fire, water, or gas leaks very appealing, Park Associates said.

 “The market for residential energy management (REM) solutions is entering a pervasive growth period characterised by the entrance of many more firms with a variety of solutions, growing consumer awareness and significantly increasing sales volumes over the next five years,” said Bill Ablondi, director, home systems research, Parks Associates. 

“Engaging consumers is critical to success in this market. Companies such ADT, GE, Intel, and the likes of JB Hi Fi are entering the market from several different entry points; all have the marketing clout to educate consumers about the benefits of REM solutions and drive market growth.”