More Than Half of U.S. Broadband Homes Would Pay $3/Month for Monitoring Bundle, Says Parks

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 research from Parks Associates. Consumer interest in value-added monitoring services “opens important revenue opportunities 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. Parks is holding its annual Smart Energy Summit this year at the Four Seasons Hotel in Austin Feb. 16-18. Sponsors include Alarm.com, ecobee, EcoFactor, Emerson, Lowe's, NRG, People Power Company, PlanetEcosystems, Smart Utility Systems, Southern California Edison, Tendril, WeatherBug Home and WattzOn.