This post is one in a series of feature stories on trends shaping advanced energy markets in the U.S. and around the world, drawn from Advanced Energy Now 2016 Market Report, which was prepared for AEE by Navigant Research.
The IoT concept, though much hyped for its future potential, is not just coming. It is already well on its way – into the home. Smart thermostats allow a user to remotely control household temperatures via a smartphone. Smart meters can connect to thermostats for DR. Some LED lights have embedded radios that allow the user to remotely control them from mobile devices. Smart appliances and security systems are able to connect via wireless or wired technologies and share status or other data for home automation, safety, and convenience. These devices enable customers to input data into behavioral ef ciency software which can generate recommendations to lower energy use. Though still early, this trend is accelerating as device manufacturers add connectivity to more devices.