Navigant Research Report Shows New Solutions-Based Business Models Are Projected to Transform the Residential Utility Market

New integrated smart home and distributed energy resources
solutions are expected to revolutionize the way people interact with
their homes and the Energy Cloud

BOULDER, Colo.–(BUSINESS WIRE)–#DER–A new report from Navigant
Research examines the evolution occurring in technology and
customer-focused solutions for residential utility customers, analyzing
how traditional business models are being disrupted.

As the grid evolves into a cleaner, more distributed, and intelligent
infrastructure, incumbent utilities are looking to deliver new
customer-focused products and services. For some customers, developing a
different relationship with their existing utility could provide the
best solutions for their needs, while for others, the best option might
be working directly with a new technology market entrant. Click
to tweet: According to a new report from @NavigantRSRCH,
new solutions-based business models and technology providers are
expected to transform the residential utility market.

“The confluence of new distributed energy resources (DER) and smart home
technology has created smarter, greener, and more resilient energy
options for residential utility customers,” says William Tokash, senior
research analyst with Navigant Research. “These new solutions will
revolutionize the way people interact with their homes while also
extending the role that residential DER can play in the Energy Cloud.”

For utilities, solutions-based business models that rely on technology
platforms offer new opportunities with the potential to scale faster and
yield greater profit margins. For non-utility technology disruptors, the
integration of smart home and home energy technology coupled with the
rise of big data analytics offers opportunities to meet changing
customer needs and the potential to partner with utilities for success.

The report, Maximizing
the Residential Energy Customer Experience with Emerging Solutions,
examines the evolution occurring in technology and customer-focused
solutions for residential utility customers. The study analyzes DER,
mobility, community energy, and smart home/home energy technology trends
that are creating the need for new residential utility customer
solutions. It also discusses how traditional utility models for
residential customers are being impacted, as well as the new customer
segments and business models arising from these trends. An Executive
Summary of the report is available for free download on the Navigant
Research website.

About Navigant Research

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
Energy Technologies, Utility Transformations, Transportation
Efficiencies, and Buildings Innovations sectors. Additional information
about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services
firm that helps clients take control of their future. Navigant’s
professionals apply deep industry knowledge, substantive technical
expertise, and an enterprising approach to help clients build, manage
and/or protect their business interests. With a focus on markets and
clients facing transformational change and significant regulatory or
legal pressures, the Firm primarily serves clients in the healthcare,
energy and financial services industries. Across a range of advisory,
consulting, outsourcing, and technology/analytics services, Navigant’s
practitioners bring sharp insight that pinpoints opportunities and
delivers powerful results. More information about Navigant can be found
at navigant.com.

* The information contained in this press release concerning the
report, Maximizing the Residential Energy Customer Experience with
Emerging Solutions, is a summary and reflects Navigant Research’s
current expectations based on market data and trend analysis. Market
predictions and expectations are inherently uncertain and actual results
may differ materially from those contained in this press release or the
report. Please refer to the full report for a complete understanding of
the assumptions underlying the report’s conclusions and the
methodologies used to create the report. Neither Navigant Research nor
Navigant undertakes any obligation to update any of the information
contained in this press release or the report.

Contacts

Navigant Research
Stefanie Bradtner, +49.221.270.70.142
[email protected]