Parity an Approved Vendor for NYSERDA RTEM Program

December 14, 2020

Parity an Approved Vendor for NYSERDA RTEM Program

We are pleased to announce that Parity has been named a New York State Energy Research and Development Authority (NYSERDA) Qualified Vendor for the Real-Time Energy Management (RTEM) Program.

Real Time Energy Management (RTEM) combines technology and services to act as the functioning brain of a building. RTEM technology sends a building’s live performance data to a cloud-based system, where it is transformed into actionable insights for property owners, building managers, and tenants.

NYSERDA offers a 30% cost-share incentive for building owners to deploy energy management solutions such as Parity’s platform. The NYSERDA Real Time Energy Management (RTEM) Program helps support implementation and subscription costs for a period of five years.

A photo of the earth at night in outer space. You can see the lights and electricity. NYSERDA Real Time Energy Management (RTEM).

Photo by NASA on Unsplash

New and current Parity clients can take advantage of the program. In many cases customers are also eligible for local utility incentives, such as those through Con Edison, further reducing costs and Parity’s quick payback period.

NYSERDA offers objective information and analysis, innovative programs, technical expertise, and support to help New Yorkers increase energy efficiency, save money, use renewable energy, and reduce reliance on fossil fuels. A public benefit corporation, NYSERDA has been advancing energy solutions and working to protect the environment since 1975.

For more information, please visit: NYSERDA.NY.GOV

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