According to the Consumer Technology Association, technology products are constantly becoming more energy efficient — consumer electronics accounted for only 12 percent of residential electricity consumption in the U.S. in 2013, a nine percentage drop in just three years.
Recently, Deutsche Telekom conducted a study of the multibillion-dollar smart home market that called out impressive numbers: The number of smart thermostats in North American and European homes increased by 105 percent in 2014 to a total of 3.2 million units, according to Berg Insight, and is projected to increase at a compound annual growth rate of 64.2 percent by 2019. Deutsche Telekom believes the smart home market will really take off when companies focus on customers’ primary needs, which includes home energy efficiency.
The 115 million residences in the United States account for about 22.5 percent of the energy used in the country, according to the Department of Energy, and the typical U.S. family spends about $2,200 a year on home utility bills.
Full story from CTA: How Smart Homes Help Energy Efficiency – Consumer Technology Association