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” What he is more excited about is the growing market overall. “I think we are going to be able to compete. 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.

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Purchase price varies by provider, equipment package, and payment options. Vivint Smart Home, for example, offers a consumer financing option that gives customers the ability to customize a state of the art smart home security package for little to no upfront cost. Learn more about consumer financing here. Some of the lower quality home security systems come with only basic door and window sensors that customers can easily install themselves. More high end equipment packages—like the ones Vivint Smart Home provides—come with a touch screen control panel and the option to add outdoor home security cameras, all of which require professional installation. Professional installation services may cost up to $250, although special offers that waive installation fees are common. Learn more about professional installation services here. The home security market offers many plug and play equipment packages that center around an audible alarm to deter intruders who trigger a door or window sensor. They do not offer professional monitoring, so there’s no monthly service contract involved. Monitored home security systems cost between $20 and $60 per month. Although criminology research suggests most intruders flee at the first sound of an alarm, complete home security offers more than just crime prevention.