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.
“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.