Moved and GridRewards Team Up to Help Decarbonize Multifamily, Featuring Dermot Company as a Key Partner & Sustainability Leader

Moved, the premier resident onboarding, offboarding, and transfer platform for multifamily residences, is thrilled to announce its partnership with GridRewards (developed by Logical Buildings), an award-winning, free app that rewards users for reducing energy usage.

This collaboration marks a significant step in unlocking cash rewards for residents who lower their energy consumption while enabling multifamily real estate portfolios to achieve ESG goals. With residents responsible for about half of the energy consumption in multifamily buildings, the GridRewards x Moved integration provides buildings with a groundbreaking way to onboard new residents into a carbon reduction program that pays real cash for lowering energy usage at key times.

“We are excited to join forces with GridRewards in providing an energy-saving solution for residents moving into multifamily communities,” said Jason Deppen, COO of Moved. “Through this partnership, we are encouraging residents to contribute to energy conservation efforts and earn cash rewards by doing so. We are thrilled by the success our early customers have seen by taking advantage of this partnership, and can’t wait to roll it out to more communities.”

The Dermot Company, a vertically-integrated multifamily real estate owner, operator, and developer, successfully launched the GridRewards x Moved integration in 2024 just in time for the start of the Climate Mobilization Act (LL97), which sets carbon emissions caps for New York City buildings greater than 25,000 sq ft.” Jane Cohen, Vice President, Property Operations and ESG. “Sustainability is very important to Dermot. Over the past three years, we have diligently pursued reductions in our energy usage and GHG emissions across nearly all properties in our portfolio. The GridRewards x Moved integration launch was an easy decision, allowing us to go the extra mile in providing best-in-class technology and experiences for our residents.” Cohen adds, “Resident engagement is essential – meaningful progress cannot be achieved without active resident participation. This integration serves to educate tenants about their energy usage while also providing financial incentives to encourage them to reduce their carbon footprint. It’s a win-win – we’re helping to reduce our residents’ utility bills while helping to reduce the strain on the local power grid and lower GHG emissions.”

David Klatt, President of Logical Buildings, added, “Dermot has demonstrated true leadership and innovation in sustainability for their Multifamily buildings. Engaging residents is critical to achieving sustainability goals for real estate owners/operators. We’re thrilled to offer a seamless way for residents to access valuable utility incentive programs that pay renters and homeowners for reducing energy usage during key times.” 

The Moved x GridRewards integration is available to all Moved clients, and residents are actively signing up for the energy savings program as part of their move-in experience.

How it works:

1.Enrollment: Residents can enroll in one click through the Moved onboarding process.

2.Tracking: Residents gain access to GridRewards for monitoring their energy usage.

3.Feedback: Insights guide residents on how they can hit their energy-saving goals.

4.Rewards: Residents accrue real cash incentives for their energy-saving efforts, which can be redeemed via GridRewards.

5.Frictionless Experience: The entire process is designed to be seamless and hassle-free for residents, enabling them to access a fantastic savings program through a top-notch move-in experience.

By leveraging Moved and GridReward’s technology and innovation, residents now have an easy and gratifying method to reduce their carbon footprint while saving and earning money.

For more information about the Moved’s resident onboarding and offboarding platform for multifamily and its partnership with GridRewards, please contact the Moved team here.

About GridRewards:

GridRewards was developed in 2019 by Logical Buildings, an AI technology solutions leader in sustainability, smart building, and virtual power plant software and a solutions provider for the built world. The firm’s revolutionary technologies combat climate change by empowering residential, commercial, and industrial energy users to earn money, enhance building health, and reduce carbon footprints through user-friendly, award-winning mobile apps. GridRewards was initially introduced as a digital program in 2019. It was launched as a free app in spring 2021 and is downloadable via the Apple Store and Google Play. Logical Buildings, which was founded in 2012 as a smart building technology software developer, IoT and DER systems integrator, and smart building services provider, currently operates in major national urban markets, including New York, Boston, Dallas, Los Angeles, San Francisco, Seattle, Washington, D.C., Camden, Chicago, and Miami, and more. To learn more, visit logicalbuildings.com and follow Logical Buildings on LinkedIn.

About Moved:

Moved is a fully integrated, web-based software platform designed specifically for multifamily communities to create efficiency on-site by automating the move-in and out process, delivering an unforgettable experience for residents, and driving ancillary revenue. The interface guides residents through tasks required by the property they’re moving to or from – everything from uploading renters insurance, reserving elevators and loading docks, and scheduling key pick-ups. This transparent, self-serve dashboard makes moving easy for residents while automating tasks for property management teams. Moved is an open platform that integrates easily with Yardi, RealPage, ResMan, Entrata, and more. You can learn more about Moved at www.moved.com or on LinkedIn. 

About Dermot: 

The Dermot Company, based in New York City, was formed in 1991 as a real estate investment and management company focused on multi-family sector opportunities.  The company has evolved into a fully integrated real estate company employing over 100 real estate professionals in investment, finance, management, and development.  Dermot currently manages approximately $3.5 billion in assets and owns, holds investments in, or manages over 5,000 apartments. To learn more, visit http://dermotcompany.com/ 

Press Contacts:

Emily Burke

E-mail: info@moved.com

Website: www.moved.com

Zohra Roy

E-mail: learn@logicalbuildings.com 

Website: www.logicalbuildings.com