Home Energy Management #(HEM) to grow over coming years

HEM’s allow consumers potential cost sdavings in their energy bills via greater control and visibility of their home energy use.

Despite all the hype around HEM systems and devices, this space has seen lower than expected growth rates in the initial years. However, predictions for steady growth over the coming years in this space have have been made by a variety of industry experts. Senior Analyst, Neil Strother from Pike Research states, “It will be driven by government mandates, utility programs, and a growing number of consumers looking to manage their energy bills. Also, a combination of consumer desire to be more ‘green,’ home construction and retrofits with energy management objectives, and new technologies surrounding plug-in electric vehicles will help stimulate the market.”

The leaders of utility retailers will be coming together from July 2-4, 2012 to discuss innovation in HEM, dynamic pricing & consumer engagement at The Utility Show 2012.

For more information on this event, please contact Daniel Stephenson, Project Director on +61 2 9021 8809, or on daniel.stephenson@terrapinn.com.