🎧 #016: Brad Pilgrim on how multifamily buildings can achieve energy Parity

“I said, what have we done as far as energy efficiency? And the answer I got back was: we've done everything we can; we've changed over to LEDs. And I think by that point I was like, got it, okay. So your understanding of energy optimization or efficiency is LEDs. Which is sort of like that classic light bulb moment.”

—Brad Pilgrim

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Episode 16 is a conversation with Brad Pilgrim, CEO of Parity, Inc.

Summary

• Brad breaks down the application of smart building technology in multifamily residential buildings, including how that's different from other verticals and why it's such a unique niche.
• We unpack Parity's solution for that space, which as a long-time resident of multifamily buildings myself, sounds like a perfect product-market fit.
• Brad shares how the pandemic has changed residential energy consumption patterns and why that has actually driven more demand for the Parity solution.
• And much, much more.

Mentions and Links

1. Parity, Inc (2:38)
2. Ryerson University - Building Science (11:34)
3. ecobee, Nest (35:37)

You can find Brad Pilgrim on LinkedIn.

Enjoy!

Music credit: The Garden State by Audiobinger

Image credit: https://www.baystbull.com/brad-pilgrim-ceo-of-parity-on-making-urban-living-sustainable/

THE ABOVE AUDIO, VIDEO, SUMMARY, AND LINKS WILL ALWAYS BE FREE. PODCAST DEEP DIVES WITH MY REACTIONS, MY TOP HIGHLIGHTS, AND THE FULL TRANSCRIPT ARE EXCLUSIVELY AVAILABLE TO MEMBERS OF NEXUS PRO.

Here’s this week’s Deep deep dive outline:

• My reaction, including highlights:
• How the MF space is different than other vertical markets
• The gap left by others that Parity discovered
• What efficiency as a service means to Parity
• How Parity talks about AI (they don't) and how their platform uses AI
• How the pandemic has really thrown a wrench in Parity's solution and how they've responded; and how WFH has caused home water and hot water usage to spike
• How remote control is driving sales and deployment of their tech
• Full transcript

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