Overview
Parity is a Toronto company, founded in 2016 with an office in New York, that provides HVAC optimisation as a service for multifamily buildings and hotels. Its Optimizer service adjusts heating, cooling and ventilation equipment remotely in real time, including set points and pump speeds, while Periscope and the Pi client portal give owners and staff visibility, alerts and fewer service calls. Parity offers guaranteed utility savings with a no-upfront option, automated demand response participation, demand charge reduction from interval meter data and data for sustainability reporting, and helps buildings meet performance standards such as New York's Local Law 97 without replacing equipment. It reports around 100 million square feet under management and energy cost savings of 10 to 30%, with clients such as FirstService Residential, Douglas Elliman and Halstead.
Source: www.paritygo.com. Last checked 24 October 2026.
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Categories
Features
- Real-time HVAC optimisation
- Guaranteed savings option
- Demand response automation
- Demand charge reduction
- Building staff alerts
- Emissions and ESG reporting
- Building performance standard compliance
Best fit for
Parity suits owners of large multifamily buildings with central plants who want lower energy bills and compliance without capex.
Frequently asked questions
- What is Parity?
- Parity is a Toronto company, founded in 2016 with an office in New York, that provides HVAC optimisation as a service for multifamily buildings and hotels. Its Optimizer service adjusts heating, cooling and ventilation equipment remotely in real time, including set points and pump speeds, while Periscope and the Pi client portal give owners and staff visibility, alerts and fewer service calls. Parity offers guaranteed utility savings with a no-upfront option, automated demand response participation, demand charge reduction from interval meter data and data for sustainability reporting, and helps buildings meet performance standards such as New York's Local Law 97 without replacing equipment. It reports around 100 million square feet under management and energy cost savings of 10 to 30%, with clients such as FirstService Residential, Douglas Elliman and Halstead.
- Who is Parity built for?
- Parity suits owners of large multifamily buildings with central plants who want lower energy bills and compliance without capex.
- Where is Parity based?
- Parity is headquartered in Toronto, Canada and was founded in 2016.
Industries served
UK markets
Security & certifications
Customers
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