Runwise

We are so proud of our team! Runwise was recognized as 16th in the Top Workplaces of employers in New York City!

Utilities are making energy efficiency upgrades a real no-brainer with generous rebates and now 0% loans.

Low-Cost Heat Sensors Generate Savings for Forest Hills Co-op A low-cost shift from basic heating controls to wireless indoor heat sensors is generating more than $40,000 a year in energy savings for shareholders at Seminole Owners Corporation, a 349-unit co-op in Forest Hills. Not only has the move reduced winter heating bills, it’s also cutting emissions and making the apartments more comfortable. The co-op complex is managed by FirstService Residential, and it was property manager Amanda Mercado who realized the building was overheating in winter. Residents were used to having radiators on full blast but were cracking open windows or even running their in-window air conditioning units on warm winter days. “I just saw the dollars being thrown out of the window and I knew we had to do something about it,” Mercado says. The solution was to replace heating controls based only on outdoor temperatures with dozens of indoor heat sensors developed by technology and service provider, Runwise. The vertically integrated controls were installed in 100 apartments, allowing the one-pipe heating system to operate based on actual indoor temperatures. “The system makes predictions about what the optimal indoor temperature should be every 15 minutes, and then runs the heating system precisely to deliver that temperature,” says Lee Hoffman, Runwise’s co-founder and president. The smart controls will turn the heating off because apartments are warm. Controls based on outdoor temperatures don’t have that flexibility. With the gas-fired boiler getting more accurate data, it runs steam heating cycles more efficiently. The savings this past winter— more than $42,000 — represented a 23.6% reduction in energy usage and fossil fuel consumption. The integrated heat sensor system at Seminole Owners Corp. includes a dedicated internet line and Runwise controllers in the boiler room. The co-op maintains service with Runwise for monitoring and control of the system, remote access to the software, training, ongoing support and a secure, dedicated internet line for the services. This ensures the building gets results from the equipment. “A representative is dedicated to each account to make sure the building is hitting its results and if not, to go in and figure out why,” Hoffman says. Along with the ability to detect problems within the system, the software also monitors the building’s water, identifying if there’s a leak and ensuring the hot water is at the correct temperature. The installation took only a day, without the need for an assessment. Based on energy data from 2022, the co-op was facing annual Local Law 97 penalties of $72,400 in 2030, but according to projections from Runwise, the new system will help shave off at least $60,000 in fines for each year. (Originally ran in Habitat Magazine. Lightly edited to fit LinkedIn's char limits) Check if your building is eligible for utility rebates: https://hubs.li/Q02DFj5G0

We’ve integrated Runwise, a sophisticated energy management system, into nearly 100 buildings we manage – a significant milestone in helping our clients curb costs and reduce their environmental impact. Our managers were joined by the Runwise team and FirstService Energy to celebrate this incredible achievement! See how our energy experts deliver significant savings: https://bit.ly/3rx8RQa

Smart controls are having such a transformative impact on energy management in real estate that most utility companies will pay to have them installed. What are smart controls? See below

You should know about LeFrak City. But if you don't live around NYC, you probably haven't heard of it. 60 years ago it transformed residential development by creating high amenity urban living. Today it’s transforming residential living again by becoming one of the greenest residential living complexes in the country powered by Runwise smart building controls. If you have ever driven past this landmark complex (or haven’t) its story is worth a read…

One of the more effective ways to reduce excess water usage is to track and analyze your water bills. The challenge is, most people don't do this because it requires a lot of time and tedious, manual effort. And that is exactly why we built a tool to help do all this for you completely for free. We've been doing this for our customers in thousands of buildings and now we're opening this up for public use (starting in New York City first). Go to www.runwise.com/waterbills and we'll run the analysis for you every single day to show where you can reduce water usage - for free!

Big congrats to our team and thanks to National Grid for being a great partner in this joint vision of reducing carbon output and cutting energy costs! Link to the article is in the comments below 👇

If there's one lesson to learn from all of this, it's that reducing carbon emissions (the only way to save the planet) doesn't have to be something that's painful and hard. In fact, it's quite the opposite. If you make products that people actually really want, and improve their lives, they will buy and use that product. The more people that buy and use the product, the more carbon emissions you reduce.

We're proud to be sponsoring this competition! Register today 👇