A graphic showing the six components of Parity's Periscope service

Our Periscope Service

Periscope boosts operational performance and continuously maximizes the energy performance of common area HVAC systems in low and mid-rise multifamily buildings and hotels.

The HVAC system's Periscope controls, which are for ventilation and monitor domestic hot water

The Benefits Of Periscope

Periscope is an HVAC optimization service that leverages wireless technology and grid interactivity to provide:

  • Electricity consumption savings
  • Demand charges (DC) savings
  • Demand response (DR) revenue
  • Remote visibility into equipment performance with alarms & alerts

You also get an annual report on energy performance using IPMVP standards.

Graphic showing how Periscope automates energy consumption savings through technology

Automated Energy Consumption Savings

Periscope generates energy savings by automatically reducing the electricity consumption of Rooftop Units, Make-up Air Units, & Exhaust Fans.

Once Parity is installed, we ingest operational and equipment data (ex: temperature set points or motor speeds). Then, our Machine Learning algorithms use that data to redesign operations to maximize efficiency. Finally, optimized control adjustments are automatically streamed to the building in real-time.

Our control optimization software actions are autonomously repeated and monitored to ensure performance.

 

Graph that shows how Parity reduces demand charges with its Sync service
Peak Demand Reduction

Automated Demand Charge Savings (Sync)

Sync is the demand management part of our Periscope service. Sync automatically manages electricity consumption by shaving peak energy usage.

We helps buildings reduce energy costs by lowering demand charges (ex: ICAP + 5CP) during peak grid times.

Sync automatically execute pre-configured load shedding control algorithms, using real-time demand from interval meters, to reduce energy consumption during:

  • Peak building demand and/or Time of Use (TOU) rates
  • Peak grid times to lower capacity related charges on a building’s utility bill
Graph that shows how Parity automates demand response for maximum revenue with its ARC service
New Revenue Stream

Automated Demand Response Revenue (ARC)

ARC is the demand response (DR) automation part of our Periscope service. ARC enables buildings to participate in utility and grid operator demand response programs by automatically curtailing electricity consumption.

52 buildings participated in 846 demand response events in 2025 and earned $397,277 in revenue.

A building enrolled in a DR program in 2023 to contribute 100kW in reduction. With Parity’s automation…

  • The 2023 curtailment started before the event and didn’t overcorrect after the event
  • We improved the building’s performance factor by 50%. This resulted in a 50kW improvement and equated to $4,500 more
Image showing a design screenshot of a Pi monitoring and Pi alerts dashboard

Remote Technical Support & Pi (Parity Insights)

Pi (Parity Insights) has a robust alerting system tuned to your exact specifications to warn you of HVAC issues before resident comfort is affected. You’ll get access to live process level trend data, equipment monitoring, and tiered alerts.

We understand that software alone is not the full solution. Periscope includes ongoing remote support from Parity’s technical support and customer success teams if any issue arise.

A woman working on her computer and looking at Parity's Pi dashboard. Pi is part of Parity's Optimizer service.
IPMVP Data Use

Energy Savings Reporting

Parity uses the International Performance Measurement and Verification Protocol (IPMVP) to verify the impact our Periscope service is having on your building. We generate annual reports that show how much energy was saved and how much revenue you’ve earned.

You can also access certain data and insights via our Pi dashboard.

 

Are You Ready To Reduce Costs & Earn Revenue?

Discover your building’s potential with Parity.