Automated Demand Response
Parity automates demand response curtailment so you don’t have to. Plus, we maximize your revenue from demand response events without compromising resident comfort.
How Parity Automates Demand Response Curtailment
This graph shows how Parity lowered the overall energy demand measured in kW by automating demand response curtailment for a customer during a DR event.
Starting on Time:
The black line shows the building started curtailment almost a third of the way through the event. With our automation, the blue line, we begin curtailment slightly before the event to maximize revenue.
Depth of Curtailment:
We develop customized curtailment programming to limit the impact on tenant comfort. This can include pre-cooling, a process where cooling is run at nearly full capacity for around 2 hours before the event. Pre-cooling can avoid tenant comfort issues and is particularly important for longer events (4+ hours).
Return To Baseline:
With our automation, the HVAC systems returned to their baseline within minutes of the event’s conclusion. Also, with our automation, the post-event kW didn’t increase as much.
Automated Demand Response: How Parity's Automation Maximizes Revenue - YouTube
Tap to unmute
Automated Demand Response: How Parity's Automation Maximizes Revenue Parity
What is Demand Response?
Demand response (DR) is a strategy utility companies use to manage electricity consumption during peak demand periods. These typically coincide with the warmest days of summer when the electric grid is the most vulnerable, and its emissions are usually the highest.
DR reduces energy demand in real-time or on a pre-determined, typically 2-4 hours, window. This is called a demand response event.
Buildings that participate in demand response programs will reduce their electricity demand to receive financial incentives from utility companies or grid operators.
Buildings get paid per kW reduction during scheduled, or sometimes unscheduled, demand response events. This is a great opportunity for buildings to earn additional revenue.
New Revenue Stream
Automated Demand Response Curtailment With Parity
Parity automates demand response curtailment during demand response events to save building staff time by eliminating manual protocols.
Our software will also maximize your revenue from DR events and reduce the impact of the temporary energy reduction for occupants during a demand response event.
By working with the resident manager to pre-program the level of curtailment they are comfortable with, Parity can automatically “switch” the building into DR mode when the notification of an event is received from a DR aggregator.
We can do this because we remotely control a building’s HVAC systems with a unique level of precision through remote control adjustments. We have a deep understanding of the building’s real-time heating and cooling demand.
Are You Ready To Earn Thousands More In Revenue?
Discover your building’s potential with Parity.