Smart Home Solutions for Multifamily Buildings

This session will discuss Smart Home opportunities for multifamily properties including the following:

EV Charging & Vehicle-to-Grid: With electric vehicle (EV) adoption on the rise, the real estate market is under pressure to deploy charging at multifamily buildings where drivers live and charge the most. But with 60 percent of multifamily buildings in the U.S. over 30 years old with limited grid capacity, EV charger installations often require grid updates and result in higher or less predictable utility bills. Carter Li, CEO of SWTCH, provider of EV charging and energy management solutions for multifamily buildings, will discuss his company’s first-of-its-kind Sustainable Communities Vehicle-to-Grid Project that demonstrates how a condo in Toronto is leveraging EVs to store energy during off-peak hours and redistribute that energy to buildings and other EV chargers during on-peak hours.

Other technology opportunities: including smart AC controllers for mini-splits.