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The premium plan $9. 99/month expands the basic plan controls and adds video storage. The professional monitoring plan $14. 95/month adds cellular backup and links your home to a certified monitoring station that can send emergency responders to your home. This professional monitoring plan is the cheapest among the systems we tested, tied with SimpliSafe. For cellular backup, you need to buy a modem that plugs into the Smart Hub.

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I don’t think they will be able to take over the market. I was concerned years ago when the $99 and free alarms started appearing, so we started to do more commercial work. It changed, but it didn’t kill it. We still do a lot of residential. It just improved the installed base. The beauty of this industry is that installed base of systems in homes and businesses that are there regardless of who is living or working there. People like us who have been here and toughed it out have the opportunity to pick up some of that orphaned installed base. ”White doesn’t see that slowing down anytime soon. “2017 will be a year filled with continued consolidation. The influx of private equity funds into this hot space will fuel mergers and acquisitions. There is continued interest from Internet giants and other entrants into this space that will cause disruption to the traditional business models.