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Most U.S. Broadband Homes Would Pay $3 Monthly for Monitoring Bundle, Says Parks

Residents of more than half of U.S. broadband homes would pay $2.99 per month for a service that combined energy, appliance and HVAC monitoring in a bundle, said Parks Associates. Consumer interest in value-added monitoring services “opens important revenue opportunities…

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in the energy markets," said Tom Kerber, Parks director-home controls & energy research. In addition to bundles, successful providers will combine monitoring services enabled by connected products along with traditional service contracts and home warranties, Kerber said.