Parity

Parity reduces energy consumption by 25-40% in multi-family buildings using sensors, controls, and machine learning algorithms. Energy represents 35-50% of annual operating expenses for multi-residential buildings, but there is often limited desire or ability to cover upfront costs for energy efficiency retrofits. Parity’s lease-financed and software-driven model enables no upfront capital cost and is immediately cash flow positive, unlocking barriers to adoption. Post-install, Parity’s technology generates 25%-40% energy savings.