Energy Bill Incentives Would Influence Smart Home Buying: Parks
About 23% of U.S. broadband households that recently bought a smart thermostat did so due to an incentive, discount or rebate from their energy provider, blogged Parks Associates Wednesday. Six in 10 acquired their device less than two years ago,…
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it said. “Eighty-four percent of households take some mindful action to reduce energy consumption," including 45% that adjust a thermostat to save energy, said analyst Patrice Samuels. Smart thermostats’ ability to automate energy-saving actions drives product appeal, she said. The majority of consumers who don’t own or plan to own a smart product say saving money on energy bills, incentives to lower the cost of insurance premiums or rebates on smart products “would positively influence their likelihood to buy.”