Case Study: 525 West 52nd Street Cuts Utility Costs with Parity

525 West 52nd Street saves $67,702 in year 1 with Parity

Parity helped 525 West 52nd Street, a 24-floor luxury rental building in Manhattan with water-sourced heat pumps, to reduce its utility costs.

Parity remotely optimized the building's systems, including its cooling tower, ventilation, and pumps. In the first year, they delivered $67,702 in utility cost savings, achieving payback in just one year. They also prevented 42 tons of CO2 emissions and generated an estimated $15,000 in demand response revenue.