A woman is paying her utility bill while checking Pi. Working with Parity means guaranteed savings on your utility bill.

Actual Savings on your utility bill

We’re so confident in our unique approach, that we guarantee utility cost savings. If we don’t achieve our predicted energy savings for a customer, we cut them a check for the difference.

How we help save you 
money, guaranteed

Parity backs up our utility cost savings promise with a guarantee. If we don’t deliver on our predicted savings, we will write you a check for the difference – guaranteed.

We’re able to make this guarantee because our Optimizer service has proven its ability to reduce energy use from HVAC systems and deliver predicted cost savings in multifamily residential buildings and hotels across North America.

Plus, we offer a zero upfront investment option to make working with us a no-brainer.

A cup filled with coins and a plant is growing out of it. Working with Parity means guaranteed savings on your utility bill.
IPMVP Best Practices

How Savings are Verified

Baseline Data Collection

We collect historical utility consumption and cost data from your building to set a baseline.

Real-Time HVAC Optimization

Optimizer collects data on energy use and uses it to micromanage HVAC systems and minimize energy demand in real-time.

Automated IPMVP Reporting

Parity’s reporting service automatically verifies and normalizes the data using the International Performance Measurement and Verification Protocol (IPMVP) to generate degree-day weather-adjusted quarterly and yearly reports for you.

Savings Report

Regular savings reports are issued. These reports display your savings, highlight any updates, and provide insights into your HVAC systems’ operations.

Guaranteed Savings

If we don’t hit our guaranteed savings target, we cut you a check for the difference.

Case Studies

See how Parity delivers energy savings to customers like you.
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

24 Floors

288 Units

Rental

Hot Water PTAC

$165,917

Year 1 Actual Savings

8 Months

Actual Payback Period

57 Floors

264 Units

Condo & Rental

4-Pipe Fan Coil + Water Source Heat Pump

401 East 86th Street is a white brick fan coil NYC co-op building.

$107,217

Year 1 Actual Savings

2 Months

Actual Payback Period

19 Floors

229 Units

Co-op

2-Pipe Fan Coil

Frequently Asked Questions

How do you account for increasing energy costs?
Increasing energy costs is one of the most compelling reasons to use Parity. Our guarantee takes energy price fluctuations into account, so it remains valid even if prices go up.
What happens if Parity generates extra savings?
You pocket the extra savings.💰 Yup, that's right. Working with us is like having a fairy godmother and tooth fairy all in one.
How do you track the progress of the savings guarantee?
Optimizer monitors your building’s HVAC systems 24/7/365. You can access the data and insights via the Pi dashboard. Parity’s reporting service automatically verifies and normalizes the data using IPMVP to generate degree-day weather-adjusted quarterly and yearly reports for you. You’ll have authenticated GHG emissions data at your fingertips to report to leadership, shareholders, board members, tenants, or regulators. All of this available data makes it easy to track how much energy and money you’ve been saving with Optimizer.
What happens if Parity doesn't achieve its guaranteed utility cost savings?
If the data shows Optimizer was ineffective for your building, Parity will cut you a check for the difference between our lower cost estimates and what you actually paid.
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.

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

Click the button below to get started 👇