October 16, 2024
Resident Managers face growing demands to juggle energy efficiency, resident comfort, and maintaining operational excellence.
And the rise of smart technology is reshaping how multifamily buildings are being operated. It’s never been easier for resident managers to improve HVAC performance, reduce energy costs, and save time.
At Parity, we’re at the forefront of this transformation. We empower resident managers to reduce their utility costs, streamline building operations, and reduce their workloads, all while maintaining resident comfort.
Smart buildings leverage IoT (Internet of Things) devices and automation to provide greater control and visibility into building performance.
With systems like HVAC, lighting, and Indoor Air Quality (IAQ) being monitored and automated in real-time, Resident Managers can take a proactive approach to optimizing energy use and maintaining resident comfort.
However, despite the clear advantages of smart buildings, some resident managers can feel uncertain about adopting these technologies. Concerns about complex installations, long implementation periods, or the cost of the upgrades are typically mentioned.
Parity’s Optimizer service is designed to be user-friendly, highly effective, and transparent. This ensures that resident managers can easily harness the power of Optimizer without getting bogged down in technical details.
At the core of Parity’s Optimizer service is a simple yet powerful promise: we optimize HVAC systems’ to reduce utility costs. Guaranteed.
We know running a building is demanding, so we take the daily management of HVAC performance off the Resident Manager’s shoulders and do the heavy lifting ourselves.
Our control optimization software remotely and automatically makes real-time control adjustments.
Pi, our real-time monitoring and data analytics dashboard, keeps building staff informed about their HVAC system’s performance in real-time, provides timely alerts if issues arise, and allows for proactive decision-making.
For resident managers worried about navigating a steep learning curve, Parity makes it easy.
Pi is a user-friendly dashboard and our customer support team ensures that Resident Managers can fully leverage our service from day one. And if any challenges arise, our team is always on hand to assist.
Utility costs are one of the largest expenses in multifamily residential properties.
This is where Parity truly shines. We reduce energy waste and improve energy efficiency to save on utility costs – guaranteed.
Buildings using Parity have consistently seen significant reductions in energy costs, with many achieving up to 30% in savings.
For example, we saved a highrise condo/rental building in New York City over $150K in the first year. Learn more about our work there by reading the case study.
These savings are achieved without sacrificing resident comfort. Our Optimizer service ensures that buildings remain comfortable while using energy as efficiently as possible.
For resident managers skeptical about whether energy savings can be sustained over time, Parity provides the data to back up our claims.
By continuously monitoring and optimizing energy use, our service ensures that savings are not just a short-term boost, but a long-term improvement. With consistent reports that are IPMVP verified, managers can track our work knowing that it’s accurate.
Plus, if we don’t deliver on our predicted utility savings, we will write you a check for the difference – guaranteed.
Managing multifamily buildings is time-consuming.
With Parity, many HVAC-related tasks are automated, saving resident managers valuable time.
Our Optimizer service automates energy efficiency and continuously optimizes HVAC performance without manual intervention.
The Optimizer service also includes automated demand response curtailment. During demand response events, we automate protocols to save Resident Managers and other building staff time.
This automation allows managers to focus on higher-level strategic tasks, rather than getting bogged down in day-to-day operations.
But what about managers who are concerned that automation could lead to oversights?
Parity strikes a balance. While automation simplifies many routine processes, managers retain full control over critical decisions. Plus, our team of HVAC experts are in constant communication with building staff.
Our Pi dashboard offers alerts and insights that allow managers to intervene when necessary, ensuring that automation works as an enhancement, not a replacement, to their expertise.
As the real estate industry evolves, smart technology will continue to play an increasingly important role in building operations.
With Parity, resident managers are empowered to optimize HVAC performance, save time, reduce utility costs, and maintain resident comfort.
The future is smart, and with Parity, it’s also efficient and sustainable.
Ready to start your journey toward smarter building management? Contact us to see how Parity can transform your property or email contact@paritygo.com.
