Users of the LUX/GEO can participate in demand response
January 25, 2016
Coming off the launch of its new Wi-Fi thermostat, the LUX/GEO, LUX Products Corp. has announced a collaboration with New York-based EnergyHub, a leading connected device solution for electric utilities, to power the application technology behind LUX Products’ new LUX/GEO smart thermostat.
It’s not just the tech-savvy who are on board with the smart home
January 25, 2016
The year 2020 has long been a benchmark for when the smart home will finally be mainstream, but according to the results of a survey released by Coldwell Banker Real Estate LLC, that time may come sooner than originally thought.
When it comes to heating and air conditioning in the home, advancements within the components themselves are making units more energy efficient than ever. HVAC systems are increasingly communicating between the indoor and outdoor controls while also reducing heat loss and maximizing dehumidifying processes.
Safety and security are primary motivators for consumers adopting smart home solutions
November 24, 2015
Parks Associates has released new industry research reports on the smart home and connected devices indicating that security is leading the way in this market area followed by connected lighting and smart thermostats. The new reports provide in-depth analysis of industry trends and consumer research.
Research analysts expect the market to grow exponentially
October 26, 2015
The global smart thermostat market is projected to generate revenue of more than $1.3 billion by 2019, according to a report by Sandler Research. The report states that one of the main challenges faced by the smart thermostats market is the high initial cost, which exceeds that of conventional thermostats.
Sets target of 1 million smart thermostat installations over the next five years
October 22, 2015
Consumers in Chicago and across northern Illinois are now eligible for rebates on smart thermostats that can cut the cost of the devices nearly in half, making their convenience and increased control of energy use more affordable.