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Page 2: Read the summary >> 1 By Jesse Berst
We think companies that are tied to home energy management consoles are most at risk. Most homeowners would prefer to see energy information on their smart phones, computers or TVs and don't want a new, single-purpose device cluttering their counters.
So what is working? Our sources say the small- to mid-size commercial space is rife with opportunity. Big industrial sites and big high-rises already have energy management systems and tie-ins to utility programs.
But many smaller commercial properties are still not fully on board. And many utilities (correctly) believe that it will be far easier to convince commercial property owners to play along than to convince residential customers to change their energy behavior.
But despite the stall, Pike forecasts that a combination of drivers will grow global revenue from all home energy management segments to more than $2 billion by 2020, compared to a 2011 base of $93 million. 1 Jesse Berst is the founder and chief analyst of Smart Grid News.com, the industry's oldest and largest smart grid site. A frequent keynoter at industry events in the U.S. and abroad, he also serves on advisory committees for Pacific Northwest National Laboratory and the Institute for Electric Efficiency. He often provides strategic consulting to large corporations and venture-backed startups. He is a member of the advisory boards of GridGlo and Calico Energy Services. You might also be interested in ...
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Page 2: Read the Pike report summary >>
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