Connected Devices Are Driving a More Grid-Responsive Home

Smart thermostats, connected lighting and electric water heaters offer customers greater awareness and control of their energy consumption — and they’re becoming a more important part of the broader connected-home landscape.

By 2023, 28 percent of U.S. households will deploy smart thermostats; 36 percent will have at least one voice assistant device and use the device as a smart home control platform. GTM Research estimates home energy management technologies will result in $24 billion in hardware sales to market players from 2016 to 2023, according to a new report, Energy Management in the Connected Home.

Olivia Chen

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