Consumers find smart home technology a big turn-off and companies are struggling to put across the benefits of the internet of things, according to a new report.Just over seven out of 10 consumers are unwilling to pay for smart devices in the next five years, says a survey by accountancy firm PwC.Although many who have made the investment are pleased with their purchase, few are bothering to outlay the cash to upgrade to smart technology such as intelligent heating, plugs, appliances, lighting or automated devices.The survey also revealed consumers are keener to find out more about smart technology when they can see a cost benefit, such as energy savings or free supply and installation.PwC also looked at the smart devices selling best.
Energy management: Schneider Electric, the global specialist in energy management and automation, is launching Wiser Air, the company’s first Wi-Fi Smart thermostat for residential consumers. Wiser Air is currently available for purchase through HomeDepot.com and Amazon.com, and will be launching with additional retail outlets in the future.Wiser Air couples Schneider Electric’s leading energy management expertise with intelligent design and state-of-the-art technology to provide consumers with a tool that effortlessly delivers energy efficient comfort. It comes equipped with Wiser Forecast, which relies on Schneider Electric’s top-ranked weather forecasts. This same weather intelligence is used by leading utilities, major airlines, and sports and entertainment venues, and now is available to homeowners through this exclusive offering. Building on Schneider Electric’s more than 100-year history in energy management and patented HVAC technology, Wiser Air maximizes energy savings without sacrificing design or advanced functionality. It leverages innovative features like proprietary Comfort Boost technology designed to quickly match the preferred temperature and increase comfort.
The Idaho National Laboratory will serve as a consultant on a study looking into the potential energy savings of connected and automated vehicles.The INL will work with the University of Michigan and Argonne National Laboratory in Illinois on the research that’s being funded by a three-year, $2.7 million grant from the U.S. Department of Energy, according to a news release.“The study will help us better understand the energy implications of cars that communicate with their surroundings,” said John Smart, INL’s Advanced Vehicles Group lead.
The mobile phone business can save “by a factor of 10,000.”Companies are finding large energy savings by adopting smart-building technologies that also provide other benefits, executives said on Tuesday at Fortune’s Brainstorm E conference in Austin, Texas.
Install most any “smart” thermostat and the energy savings soon start piling up. The thermostats automatically sense users’ absence, or take a message from a smartphone to dial down the heat or moderate the cooling of an empty abode.Buy a new LUX/GEO WiFi-connected thermostat from Philadelphia-based Lux Products Corp. and there are additional savings, president Rob Munin said at the company’s Navy Yard headquarters.
Earth Day is here – time to see the light of home energy-efficiency!“In addition to the energy savings component, convenience plays a major role in smart homes: Imagine walking into a home carrying bags of groceries and turning on the lights without having to put down, or drop, a thing.”The average homeowner might not realize that lighting accounts for an average of 10 percent of his or her annual electric bill1. To celebrate Earth Day and practice saving energy, homeowners can install dimmers and sensors to help truly maximize energy efficiency and save up to 60 percent per year on utilities2.
It should come as no surprise that the smart thermostat industry is heating up. According to Navigant Research, nearly 32 million smart thermostats will be installed worldwide by the year 2020. It is forecasted that global revenue from smart thermostats will grow from $85.5 million in 2013 to $1.4 billion in 2020.
As smart thermostats become more ubiquitous, this connected technology will play a massive role in increasing energy savings in the home. It also means the utility industry is poised for significant change, providing better connected technology to improve customer relationships and ultimately meet aggressive load reduction goals.
Smart thermostats are here and they’re finally worth some serious consideration. The premise is simple and compelling: smarter control of your heating, remote access and the promise of energy savings of 20-30%.
With smart thermometers starting at £200 and the average 2014 UK household heating bill hitting £1,264, buying a smart thermostat would seem a no-brainer. On one condition: they do what they promise.
Over the last 12 months the Guardian has tested the four biggest smart thermostat brands. This is what we found.
The smart meters being delivered to Illinois homes under the state’s 2011 smart grid law could potentially spark significant energy savings – relieving burden on the grid and on power supplies and saving money for residents.
But that’s only if people use the information provided by smart meters to modify their habits, by shifting when they use energy, installing more efficient appliances and the like. Figuring out how to use a smart meter and respond to the data it provides is a complicated and intimidating task for anyone.
Cynthia Loesch and Ivan Liriano completed construction on the first LEED (Leadership on Energy and Environmental Design) home in Dorchester in 2011. “After all the rebates and tax breaks, and energy savings, this house costs less to build than what a three-family home is going for in Dorchester” said Loesch.
The couple plans to showcase the advantages of building with green in mind by inviting the public to come by for a look on Sept. 6.
The open house will feature workshops geared toward specific elements of the home, like its high-quality insulation, non-invasive drought resistant garden, and smart technology that lets the occupants control their home from any mobile device. “It is like one big app,” said Liriano.