Smart meter technology grew more popular in 2012, according to Navigant Research survey

Boulder, Colorado, USA – According to a new consumer survey from Navigant Research, favourable attitudes toward the concept of the smart grid in general, and toward smart meters in particular, increased noticeably in 2012.

As rollouts of smart grid systems and smart meters have accelerated in the United States, utilities have struggled to communicate effectively their benefits for consumers. Convincing end-users to embrace this technology, by communicating the possibilities for greater energy management and the conservation it enables, is critical to the long-term success of utility smart grid programmes.

41% of the consumers surveyed had a “favourable” or “very favourable” attitude toward smart grids and smart meters, according to the survey. That is an increase of 10 percentage points over the findings from Navigant Research’s 2011 survey.

“Less than 10% of the respondents have an unfavourable opinion of smart grids and smart meters, which is an encouraging sign for utilities and policymakers,” says Neil Strother, Senior Research Analyst with Navigant Research. “However, utilities still have a long way to go in persuading a majority of their customers that they should approach these technologies with enthusiasm.”

 

Consumer attitudes toward the smart grid vary in direct proportion to educational attainment and income level, the survey found. Nearly half of the respondents with graduate degrees have favourable opinions, while about 26% of those with only a high school degree showed positive responses. Similarly, more than 45% of people earning at least US$75,000 have positive opinions of smart grids and smart meters.

 

The report, ‘Smart Grid Consumer Survey’, details findings from a web-based survey of 1,001 consumers in the United States. The study assesses consumer preferences, opinions, and awareness toward smart grid applications. More specifically, the report analyses the dynamics of consumer demand, preferences and attitudes toward several key smart grid product and service categories: smart grids and smart meters, home energy management, time-of-use pricing, renewable energy, prepaid electricity services, smart appliances, and demand response.

Navigant Research’s detailed examination of demand dynamics is segmented by various demographic and behavioural characteristics. The survey was conducted in autumn 2012 using a nationally representative and demographically balanced sample.

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Smart Utilities, Smart Transportation, Smart Industry, and Smart Buildings sectors.

RECENT ARTICLES

Workz debuts unrestricted IoT device management

Posted on: May 3, 2024

Workz, a cloud-based eSIM vendor, has launched its new remote device management solution designed for the Internet of Things (IoT) industry. The platform eliminates the restrictions associated with traditional technologies

Read more

Itron improves Temetra platform for water utilities in Australia and New Zealand

Posted on: May 2, 2024

Itron expands the capabilities of its Temetra platform in Australia and New Zealand to include NB-IoT communications, enabling digital transformation for water utilities. Temetra’s comprehensive offering includes metre data processing,

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into

Read more