Middle age US consumers are most likely to turn to IoT devices to save money on energy bills

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19th January 2018 17:20 - Utilities

Middle age US consumers are most likely to turn to IoT devices to save money on energy bills

Middle age US consumers are most likely to turn to IoT devices to save money on energy bills: Despite Trump’s plans to keep the coal industry thriving and his withdrawal from the Paris Climate agreement, recent research has revealed that homes in the US are becoming more energy efficient.

The survey found that one quarter of homes in the US are said to have at least one connected device to help reduce their expenditure, half of which are thermostats.

Based on the responses of 3,000 consumers, the survey reported seven different types of connected devices, including popular devices such as the Amazon Alexa and Google Home – both of which were rated as the second most popular Internet of Things (IoT) device.

In detail, the most popular IoT devices used in the homes of those surveyed are:

·       Smart thermostat (12%)

·       Virtual assistant (7%)

·       Smart power strips (5%)

·       Smart washing machines (4%)

·       Doorbells (2%)

·       Smart air conditioners (1%)

Out of those who said they own one of the devices listed, almost half (45%) said the device had decreased energy usage. The devices that were rated as the most sustainable were air conditioners (60%) and smart power strips (22%), with consumers reporting that they had saved money on their energy bills.  

The most popular demographic to use at least one of the connected IoT devices were those between the ages of 30-44; those aged between 45-59 were said to have owned multiple IoT devices.

Commenting on the survey’s results, CEO of Association of Energy Services Professionals (AESP), John Hargrove said: "Consumers are beginning to access that technology in various shapes and forms, and utilities are trying to understand how they can use these technologies in a way that helps them connect with customers and helps manage the grid." 

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