Research Predicts New Home Energy Management Tech Growth

Frustrated by your inability to assess and manage energy use at home? According to a new report from Pike Research, you’re not alone–a groundswell of consumer interest in the face of volatile energy prices (as well as concerns over energy security and the environment) is now poised to create a substantial market for in home energy management systems and energy information displays (EID.)

The big players have not failed to take note. According to the report, tens of millions of smart electric meters are slated for deployment in the next few years, in addition to a broad array of other smart grid enhancements, not only from the utilities sector but from companies like Google and Microsoft (both of which have recently launched web dashboards for energy management) who are “aggressively pursuing utility partnerships.” Other important players include Control4, eMeter, Energate, Energy Inc., Green Energy Options, GridPoint, Onzo, OpenPeak, Silver Spring Networks, and Tendril Networks.

image via Pike Research

image via Pike Research

“Energy information displays are the face of the smart grid,” says managing director of Pike Research Clint Wheelock, in a statement. “These systems will provide consumers with an unprecedented level of visibility into, and control over, the consumption of electricity within their homes, providing a significant opportunity for efficiency improvements and cost savings.” The complete EID report is available on the firm’s website.

Energy Information Displays Report  [via press release]

Susan DeFreitas has covered all manner of green technology for EarthTechling since 2009. She is a graduate of Prescott College for the Liberal Arts and the Environment, and has a background in marketing green businesses. Her work on green living has been featured in Yes! Magazine, the Utne Reader and Natural Home.