Escalent
Escalent
Cogent Syndicated

With increased adoption of “smart home” technology controlling large loads, utilities have new ways to create value by helping customers manage and coordinate their energy usage. These innovative technologies are shifting the relational dynamics between utilities and customers, ushering in a new era of shifting expectations, communications and experiences.

Smart Home Energy Management explores who the customers are that constitute the target market for these offerings and the types of programs that are compelling these customers to adopt them, including the technologies, bundles, and specific brands customers have already adopted (e.g., Nest, ecobee, Alexa). The report will uncover the five W’s, including when home energy management programs are likely to take off, where to target marketing for home energy management programs, and why customers are likely to adopt these programs.

Value

The report will enable subscribers to:

Understand Customers
Understand how the integration of smart home technologies influences perceptions toward energy consumption, service experience and realized value

Use CX for Greater Adoption
Get insight into the CX factors creating the greatest impact in implementing a successful adoption of smart home energy technologies

Optimize the Experience
Discover strategies, technologies, service channels and product features to deliver seamless, custom and economical energy consumption experiences

Methodology

  • 75,000+ residential electric and natural gas customers
  • 140 electric, natural gas and combination utilities
  • Web-based survey
  • Sample design: US census data and strict quotas used to ensure a trustworthy and representative sample of each evaluated utility's customers based on age, income and race

Areas of Inquiry

Product Diagnostics

  • Interest in smart home equipment
  • Interest in the use of Wi-Fi/smart thermostat and brands preferred

Retail Channel Preferences

  • Smart home equipment
  • Smart thermostat

Effect of Smart Home Energy Management

  • Engaged Customer Relationship Index
  • Brand Trust Index
  • Product Experience Index
  • Service Satisfaction Index

Product Experience

  • Use of consumption of management services performed as promised
  • Offerings improved customer service
  • Offerings make it easier to do business with them
  • Offerings help me lower my utility cost
  • Offerings help the environment
  • Offerings make me a more conscious energy consumer
  • Offerings fit my needs

Subscription Details

Publication Date: September 2022
Deliverables:

  • Detailed report with analysis of data

Investment: Contact Us

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