Smart Homes

Cori Winslow

Benefits Barriers

Current Technology

Smart Home Companies

Works With...

Estimated Energy Savings

Price/Mo. Price/Yr. Price/Mo. Price/Yr. Price/Mo. Price/Year

HVACCost

$70.20 $842.40 $97.20 $1166.40 $151.20 $1814.40

Home #3Home #2Home #1

Home #1 Home #2 Home #3

Savings/Month $14.18 $13.16 $17.21

Savings/Year $170.10 $157.95 $206.55

% HVAC Savings 16.25% 16.25% 16.25%

% Total Savings 8.78% 8.78% 8.78%

Payback PeriodHome #1 Home #2 Home #3

Wink 4.01 3.69 3.05

WeMo 4.02 3.85 3.29

Iris 2.92 2.51 1.95

SmartThings 4.00 3.75 3.14

Ecobee 3.87 4.04 3.67

Digital Life 4.89 (19%) 4.80 (26%) 4.17 (41%)

Xfinity Home 2.04 (19%) 2.59 (26%) 2.61 (41%)

Nest 1.83 1.31 0.84

(Years)

Survey Analysis• 44% of smart phone users wish they could control their home

temperature from their phone

• 31% of consumers say the monthly fee is the number one deciding factor when purchasing smart home technology

• 51% of consumers are concerned the total cost of ownership will outweigh the benefits

• 30% of consumers already own or plan to purchase an in-home Internet of Things device in the next 2 years

• 40% of consumers would want a smart home in order to cut costs and lower energy bills

Breaking Barriers

Educational Benefits