Real Estate Tech Battles Summer Heat, Cuts Costs for Landlords
Real Estate Tech Battles Summer Heat, Cuts Costs for Landlords
As soaring temperatures continue to grip the nation this summer, commercial real estate portfolios face immense pressure to manage cooling demands while battling escalating energy costs. The critical need for energy efficiency has never been more apparent, yet many large building systems operate inefficiently, leading to wasted energy and occupant discomfort.
Addressing this pervasive challenge, New York-based technology company Runwise is deploying an innovative hardware/software platform designed to revolutionize building climate control. Traditionally, central temperature settings often lead to over-cooling or over-heating in different parts of a building, a costly and environmentally detrimental practice.
Runwise’s system eliminates this inefficiency by intelligently optimizing heating and cooling, preventing unnecessary energy consumption. “We’re trying to hit these climate goals, yet right in our literal building we’re throwing money away every time you run a boiler when it doesn’t need to run, you’re wasting money and you’re producing carbon emissions unnecessarily that really make nobody comfortable,” explains Jeff Carleton, co-founder and CEO of Runwise. This technology promises not only significant cost savings for landlords but also a substantial reduction in carbon emissions, making buildings more comfortable and sustainable amidst the ongoing heatwave.
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