Bundling home services has not always seemed like a good idea. We all know that bundling cable, phone, and internet will give us extra services that we never wanted in the first place, and not necessary make them cheaper. Same goes for insurance: with the intention of having only one insurance bill, we might end up paying a higher price than when we buy services separately from different carriers.
So, when is bundling a good idea?
Bundling is a good idea when services or devices can integrate with one another, thus creating a better experience for the customer.
The areas that can together create a much nicer experience when bundled are: Home-Security, Home Automation and Energy Management. If you don’t have the right equipment and the right technology in place, you are not really taking advantage of the synergy these services can create for you.
Many people already have in place a traditional home security system from companies like ADT or Brinks, and they want to continue using their services. But when energy management is implemented they only get partial results. For example, let’s suppose you have a traditional home security system and purchase a smart a/c thermostat from Nest, for example. Nest can be controlled via Wi-Fi and can learn several patterns in order to help you save energy. But, when your home security system encompasses energy management, both areas will integrate, meaning more savings. If you use, for instance, the GlobalTech Energy Management System, you can program the a/c to shut off when doors and windows are left open, saving ever more energy than a Nest thermostat, or you can program your a/c to go into savings mode when you arm the alarm system. This is only possible because energy management is integrating with bundled door and window sensors and with the alarm system.
The same thing with home automation: you may have a smart lock or smart garage door opener that can be controlled via a smart phone app. But if they don’t bundle with energy management or security system, all you have is a remote control through a smart phone. On the other hand, when you integrate your garage door or front door with other systems, you can program exterior lights to turn on for a certain amount of time when the door is unlocked or garage is opened, or program lights to turn off when you lock your doors; you can program your alarm to arm itself when you close down the garage in the morning or lock doors at night.
If all your equipment is compatible, and you have a powerful app to control everything, like alarm.com for example, you also have reports integrating all services, for example: where and when energy consumption is higher, when your a/c is working harder, when and where doors were locked and unlock, who had access to you home. All from one system that uses home security, energy management and home automation together.