Telkonet's push into the residential and retail markets should be happening soon.
During the Q1 earnings call, Jason stated that their EcoTouch thermostat will be more specifically targeted to multi-dwellling units (eg apartments) initially, and they would actually need to strip away much of the engineering to make the device applicable to the residential market. Then in their recent Deutsche announcement, it was stated "Telkonet will make the Energy Savings Agreement available to its existing and prospective clients in hospitality, education, PUBLIC HOUSING, RETAIL and senior living facilities who wish to upgrade their facilities to become more energy efficient and fund the upgrades through the generated savings. Next, in the Q2 earnings call, Jason mentioned upcoming new releases, including "a next generation EcoSense wireless sensor, EcoContact wireless door and window contact, and finally and possibly most important our EcoConnect wireless gateway, which positions us well for the SMALL RETAIL and CONSUMER markets". He also mentioned that the new EcoTouch thermostat "was called the best device seen on the floor" at the HiTec conference in June.
CLEARLY WE ARE POSITIONED FOR ENTRY INTO THE RETAIL AND THE RESIDENTIAL / CONSUMER MARKETS VERY SOON. If you have not read the post below about Chicago's push for 1M smart thermostats to be installed by 2020, you should...it shows the rapidly rising demand for smart thermostats and energy efficiency and the opportunity it presents. HUD alone spends $4-6B a year on energy bills, which alone presents yet one more giant opportunity for Telkonet.
We are just now starting to get a taste of where Telkonet ... and its share price ... is headed. It is my belief that Telkonet technology will be routinely used in all manner of buildings, both commercial and residential, in the very near future, and ultimately it will be a household name, as common as (the technologically inferior) Nest.
