An example of a building Parity can work with - a tall gray multifamily rental building with glass windows and glass balconies.

Rentals

Optimize your rental building’s HVAC systems with Parity to increase NOI and asset value, while saving on utility costs, guaranteed.

How Parity Helps Rental Buildings

Guaranteed Utility Cost Savings

We automatically control and optimize your building’s HVAC systems to maximize energy efficiency, saving you 5 to 6 figures in utility costs.

Reduce CO2 Emissions & Carbon Fines

Optimizing your HVAC systems reduces CO2 emissions and can help reduce exposure to fines from building performance standards (LL97, BERDO, BEPS, etc.), without ripping and replacing equipment.

Remotely Support Your Building Staff

Our robust alerting system immediately sends text and email alerts to notify on-site staff if problems arise. If a problem can’t be solved remotely, Parity’s team of HVAC experts will support on-site staff in resolving the issue.

Maximize Demand Response Revenue

We automatically curtail energy usage during demand response events to maximize revenue without compromising guest comfort.

Benefits for Rental Buildings

Optimizing your rental building's HVAC system benefits everyone, including your bottom line.

See How We Can Help Your Building

Guaranteed savings icon. Parity Guarantees savings for Multifamily Condos & Co-Ops as well as Multifamily Rental Buildings.

Utility Cost Savings Guarantee

We’re so confident in our approach that we guarantee our utility cost savings. Plus, we offer a zero upfront investment option.

Increase Net Operating Income

Reducing your utility costs raises your rental building’s net operating income.

HVAC Systems Icon. Parity improves the efficiency of Multifamily Condos & Co-Ops, Multifamily Rentals, and hotels HVAC equipment.

Increase Asset Value

Our HVAC optimization software improves the efficiency of your rental building’s HVAC equipment, prolonging its life.

Man relaxing on beach icon. Parity reduces the workloads of resident managers in Multifamily Condos & Co-Ops, Multifamily Rentals, and hotels.

Simplify Operations

Make HVAC management as easy as checking our Pi dashboard.

Maintain Resident Comfort

Optimizer’s control adjustments are guaranteed to lower costs, but never at the expense of resident comfort.

Grid services icon. Parity automates demand response curtailment for DR events in Multifamily Condos & Co-Ops, Multifamily Rentals, and hotels.

Create A New Revenue Stream

Optimizer automates demand response curtailment to maximize revenue for stabilizing the grid without compromising resident comfort.

Case Studies

See how we’ve helped rental buildings reduce their utility costs.

All Case Studies

Avalon Clinton South is a PTAC building in New York City with glass windows and a reddish brown exterior.

$145,245

Year 1 Actual Savings

9 Months

Actual Payback Period

Avalon Clinton South

24 Floors

288 Units

Rental

Hot Water PTAC

$165,917

Year 1 Actual Savings

8 Months

Actual Payback Period

252 East 57th Street

57 Floors

264 Units

Condo & Rental

4-Pipe Fan Coil + Water Source Heat Pump

525 West 52nd Street is a NYC rental building with heat pump HVAC systems.

$67,702

Year 1 Actual Savings

11 Months

Actual Payback Period

525 West 52nd Street

24 Floors

392 Units

Rental

Water Source Heat Pumps

Frequently Asked Questions

See All FAQs

Do you help with Building Performance Standards (ex: LL97)?

Yes. Our team is well-versed in the local building performance standards in all the markets we serve, including NYC's LL97. We invested in making our Optimizer service the most cost-effective option for reducing emissions and complying with regulations without ripping and replacing equipment.

How do you guarantee savings?

By analyzing your building’s historical data, energy usage, and utility bills, we can very accurately calculate your building’s predicted energy and cost savings. We’re so confident in the effectiveness of our Optimizer service that we can guarantee every customer will pay less for their energy after working with us. Parity will cut you a check for the difference otherwise.

What’s included in Parity’s Optimizer service?

Parity micromanages your HVAC systems with our Optimizer service. Our control optimization software remotely and automatically adjusts set points for maximum energy efficiency. Optimizer maximizes the revenue generated from DR events by automating demand response protocols. Pi, our monitoring and alerts dashboard, tracks real-time energy savings, monitors your HVAC systems, and sends timely alerts to your desktop or mobile device. Additionally, you get on-demand access to Parity’s HVAC experts should any problems arise and quarterly savings reports.

What markets do you serve?

We currently operate in Greater Toronto, New York City, North Jersey, Philadelphia, Washington D.C., Maryland, Northern Virginia, Delaware, Boston, and parts of New England. Don't see your market? Email contact@paritygo.com to let us know you're interested!

What kind of buildings do you work with?

Parity currently operates in Condos, Co-ops, Rental Apartments, and Hotels. We typically work in buildings that are over 100,000 sq. ft., have 75+ units, and are 6+ stories high. Additionally, building HVAC systems with a central plant (boiler or steam) that utilizes a hot water distribution loop, a mechanical supply/make-up air, and a chilled water distribution loop are best suited to benefiting from our services.

Are You Ready To Let Parity Optimize Your HVAC Systems With No Upfront Investment?

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