Parity
7 Case Studies
A Parity Case Study
Avalon Clinton South, a rental building in Manhattan, faced high utility costs and operational inefficiencies due to its lack of advanced HVAC controls. The building's many disparate systems required numerous manual actions from the Resident Manager. Parity was engaged to automate and optimize the building's operations.
Parity streamlined the building's systems by implementing remote optimization of its boiler, ventilation, and pumps. This automation resulted in $145,245 in utility savings in the first year, significantly outperforming the initial guarantee. The solution also reduced CO2 emissions by 353 tons and provided an estimated $8,000 in demand response revenue for the building, achieving a payback period of just 10 months.