Parity Secures $4M From NY Green Bank
Parity is excited to announce a $4 million loan facility from NY Green Bank to finance our HVAC optimization-as-a-service solution to improve energy efficiency in New York State. This is NY Green Bank’s first transaction focused on a software-as-a-service solution...
How Parity Automates Demand Response
Managers of multifamily buildings and hospitality properties face a unique challenge in optimizing HVAC systems. With the growing focus on the electric grid and the need to reduce carbon footprints, demand response programs present an excellent opportunity for property and...
Unlocking Efficiency: Cooling Towers and Chillers
Cooling towers and chillers are vital for maintaining a cool indoor environment in the sweltering summer heat. Unfortunately, heat waves are becoming more common. Manhattan saw 24 days at or above 90 degrees last summer alone! Cooling towers and chillers...
How Parity Helped Our Customers With The Canadian Wildfire Smoke
New York City faced an unprecedented situation over the past few days. The air quality was the worst in the world on Wednesday, June 7th, according to IQAir.com. Multiple sources put the highest recorded Air Quality Index (AQI) above 350...
Weather Adjustment 101
One of the most common questions we get at Parity is what is weather adjustment, how does it impact your savings with Parity and how do we account for the weather when we calculate our savings? In truth it’s a...
Parity selected for Global Cleantech 100 List
What do you get when you mix a lot of hard work and a mission to make the planet more sustainable? We find ourselves named a 2021 Global Cleantech 100 Company by Cleantech Group. The 100 companies on the list represent the...
Planning for 2021: An innovative solution to increasing condo reserve funds
Condo corporations are looking for resourceful solutions to keep budgets balanced and cash reserves healthy. Cash reserves or reserve funds are the money a condo corporation puts aside and contributes to monthly, for maintenance, repairs and upgrades to the common...
The ways we turn data into value
Smart buildings get smarter every single day. They’re a bit like toddlers. The more they live and breathe, the more they learn and acquire new information about the environment around them. And with all this new information, or what we...
Parity Inc. places No. 50 on The Globe and Mail’s second-annual ranking of Canada’s Top Growing Companies
TORONTO, ON (September 25, 2020) – Parity Inc. (Parity) is pleased to announce it placed No. 50 on the 2020 Report on Business ranking of Canada’s Top Growing Companies. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth....
Parity Receives $1.25 Million from Silicon Valley Bank
Investment supports ongoing expansion of Canadian proptech company’s energy management platform across North America We are pleased to announce the company has received $1.25 million in venture debt from Silicon Valley Bank (SVB), the bank of the world’s most innovative...
