"Parity Inc. in Toronto has already been making significant inroads in tackling the multi-residential, multi-tenant market." The CEO wanted to look at reducing the demand side of energy rather than ways to increase supply.
Parity implements its "software-based offering that monitors mechanical equipment in buildings. With Parity, artificial intelligence is introduced into a condo building’s HVAC equipment. This central brain pulls data from the controls and sensors on the mechanical equipment, automatically setting controls and sending out commands to make adjustments. There are no upfront costs to customers; payment is realized through guaranteed energy cost savings."
Details undisclosed
Data captured by sensors, presumably real-time
Parity claims "The energy savings for developers and property managers has been consistently in the 25- to 40-plus per cent range. For Kingsbridge Grand it''s been a savings of $64,536 with a payback of 1.3 years."