The market for home energy management (HEM) products and services is growing fast. According to Navigant Research, global revenue attributed to HEM products and services is expected to grow from US$586.9 million in 2013 to US$2.4 billion in 2023.
Customer awareness of HEM is growing
According to a report undertaken by Navigant Research, product vendors, utilities, service providers, retailers, and other stakeholders say that there is an increased activity in this exciting and innovative space. Consumers are also becoming aware of the new technology which can help them to manage and control their home energy consumption better, thereby reducing their utility bills. [Engerati – How the Energy Market will Transform in 2015.]
Although the HEM market finds itself in the early phase of market growth, stakeholders have noticed greater business activity compared to only a year ago. In addition, they are pointing to 2015 as the potential start of a pivotal growth period.
Google’s acquisition of Nest Labs last year, saw a number of market players joining the HEM race and snapping up opportunities. [Engerati -Google's Nest acquisition brings the smart grid closer to home and The Google Smart Home Play.]
Honeywell announced its Lyric smart thermostat with geofencing capability, and retailers such as Best Buy, Staples, and Lowe’s have been marketing products that feature energy management as part of their solutions. Samsung is another big player. [Engerati - Samsung Gets its Piece of the Smart Home.] Energy service provider British Gas also joined the rush and signed up over 100,000 customers in a less than a year for its Hive smart heating system. [Engerati - New Smart Home Firm, Leeo Is Filling A Market Gap.]
HEM system offers choice and flexibility
So, it is no surprise that yet another energy supplier is snapping up the opportunities that HEM offers- Clearview Energy, a Dallas based retail electric supplier for residential, commercial, and small business customers, through its hardware, software, and installation partners is offering an alarm, energy management, and home automation suite: Clearview Home Safety and Automation.
The fully monitored wireless system combines monitored camera security with comprehensive energy management and whole home control of numerous devices.
The service can be controlled remotely from computers and many different mobile devices through a leading provider of smart-home technology.
Clearview has put together a best-in-class service:
The use of GE equipment
24/7/365 monitoring is done by CSAA 5-diamond certified monitoring companies
Professional installation is done by licensed and bonded contractors
The alarm panel offers two-way communication with the monitoring company unlike most dumb panels
Smash & Grab protection prevents miscreants from disabling the system without consequence
All basic packages come with motion and door/window intrusion sensors and a smart programmable thermostat for free.
Customers can customize their systems with real-time energy monitoring systems, security and monitoring cameras, light management systems, smart switches and wall outlets, smart door locks, smart garage doors, fire alarms, and health and habit monitors. Because it is based on the latest home automation wireless protocols, the system is easily expandable as additional automation solutions evolve.
For a limited time, Clearview Energy new and existing customers can qualify to receive a $250 rebate by enrolling in the company’s home safety and automation service.
‘Futuristic fun’ for customers
Peter Jucha, vice president of Clearview Energy says, “We decided to put together the best of the best as our first offering into the home energy management and home automation services. Most of the home automation packages in the market, including the Nest systems are still very DIY, and not very approachable. Clearviews philosophy is to get home automation and energy management into the home without much effort on the customers part, so that the average family can experience greater security, greater comfort, greater energy savings, and maybe just a little bit of futuristic fun along the way.”
The company plans unprecedented growth and renewed strength in its customer service operations over the upcoming year, along with several program innovations coming soon, explains Jucha. The utility is also a supplier of renewable energy to residents and small businesses across the US. Solarview, Inc. was started as a spin-off of Clearview, to supply solar solutions to residents and businesses.
Clearview’s name is certainly befitting - It is this foresight and innovativeness lhat will keep utilities in business.