Parks Associates: Consumer Interest in Demand Response Could Reach 60% if Offered With Clear Financial Incentives

Energy Companies to Address Incentive Programs at 2014 Smart Energy Summit, February 17-19, in Austin


DALLAS, TX--(Marketwired - Feb 6, 2014) - Energy research from Parks Associates finds straightforward financial incentives are the best options for engaging consumers in energy-related programs. 360 View: Energy & American Broadband Households, featuring a 4Q 2013 survey, found nearly 60% of U.S. broadband households would participate in a demand-response (DR) program if offered an incentive of $5 per day for each day the thermostat is adjusted.

Parks Associates will host the 2014 Smart Energy Summit: Engaging the Consumer, an executive conference focused on energy management solutions, February 17-19, 2014, at the Four Seasons Hotel in Austin, Texas. The event brings together industry leaders and analysts to examine strategies that capture untapped consumer interest in energy services.

"Creating clear, uncomplicated incentives is the best way to drive adoption of DR programs," said Tom Kerber, director, home controls & energy research, Parks Associates. "A simple $5 incentive, with no qualifying statements regarding comfort or control, generated the best response in our recent survey, while 52% of U.S. broadband households responded to a discounted rate and 48% responded to TOU pricing. We are excited to discuss these findings and their implications with leading energy executives at the 2014 Smart Energy Summit: Engaging the Consumer."

The Session Utility Strategies: Innovative Demand Response, 11 a.m. on February 18, will examine trends in DR programs and highlight innovative programs in North America. Speakers include:

Anthony Hawkins, Group Product Manager, Landis+Gyr
Dave Kaintz, Manager, Programs and Projects, SCE
Blake Lasuzzo, SVP, Supply, Just Energy
Speaker TBA, Comverge

2014 Smart Energy Summit sponsors are Speed Wire, Percepscion, Alarm.com, Earth Networks - WeatherBug, ecobee, EcoFactor, Lowe's, Opower, People Power, PlanetEcosystems, Qualcomm, Technicolor, Z-Wave, AlertMe, Schneider Electric, and Tendril.

Information about the 2014 Smart Energy Summit is available at www.ses2014.com. Press passes are available at http://www.parksassociates.com/ses-presspass. If you'd like to schedule a meeting with an analyst or speaker, please contact Holly Sprague at hsprague@gmail.com or 720.987.6614.

About Smart Energy Summit
Smart Energy Summit: Engaging the Consumer examines the expanding market for energy solutions and home controls and its impact on utilities, service providers, retailers, manufacturers, and consumers. The fifth-annual Smart Energy Summit will take place February 17-19, 2014, at the Four Seasons in Austin, Texas. www.smartenergysummit2014.com

Contact Information:

Holly Sprague
Parks Associates
720.987.6614
hsprague@gmail.com