Household Energy Use and Creating Awareness: Opportunities for ICT

Abstract

Household energy use is growing and energy prices are rising. A growing need exists among households to get more insights into their energy use. ICT can offers solutions here in terms of smart metering and home energy management. Through our research, we wanted to get a view on the adoption potential, willingness to pay and adoption determinants for these tools. Our results indicate a substantial adoption potential for smart metering tools and an existing but limited potential for home energy management systems. An important adoption determinant will be the price of these systems, since they are aimed at helping households to save energy. If the price is higher than the potential savings, interest is likely to be low.