Rising energy costs and concerns about grid reliability prompt consumer interest in better managing their energy consumption. Utilities and energy providers seek to ramp up engagement in demand response programs and look for new opportunities to provide services to the home. This research examines how smart home and smart energy devices are moving into the mainstream and the opportunities that move opens for manufacturers, energy providers, and other industry players. It includes trending adoption, purchase intention, and shifting consumer perspectives on energy monitoring solutions, home solar, battery storage, and demand response programs.
Key questions addressed:
- To what extent are internet households impacted by rising energy costs?
- Has familiarity with energy programs and energy devices increased?
- What is the current adoption of energy devices, including smart thermostats, home solar, home battery storage, and electric vehicles?
- How are consumer perceptions of utility programs changing? Has participation in demand response grown?
- What is the interest in next-gen solutions, such as whole-home monitoring and solar/storage systems?
- Are smart thermostats and solar systems meeting consumer expectations?
Table of Contents
Survey Methodology and DefinitionsKey Terms and DefinitionsIntroducing Energy Monitoring