Cothrom Risk & Insurance Services

HYStat smart technology opened Cothrom Risk & Insurance Services eyes to the downtime-prevention power of a system that’s always on the alert for trouble. It also brought the comfort and energy efficiency they were looking for.

Project Name and Location:

Cothrom Risk & Insurance Services
2300 NE 9th Street, Suite 3
Fort Lauderdale, FL 33304

Cothram-Case-Study

Client/Owner Contact:

Jordan Gillespie Partner
(754) 312-5408

Project Status:

Ongoing
Cothrom
Risk & Insurance Services

Project Scope:

As a rising insurance and risk management agency for a wide range of industries, Fort Lauderdale-based Cothrom knows the value of reducing losses and expenses by analyzing data. So when they had the chance to take better control of comfort and operating costs at their office by switching to a data-driven A/C monitoring service, they eagerly made the jump to Hill York’s HYStat.

With the agency in growth mode, HYStat’s smartphone app was an instant highlight. The remote connectivity and feature-rich functionality enabled an expanding team of partners who were working different schedules to easily view and change settings and manage office comfort levels outside of normal business hours.

As Hill York’s team of analysts monitored performance from a network operations center, Cothrom also saw the kind of data-driven communication they emphasize in serving their own clients. The upgrade to HYStat shed light on specific adjustments to enhance staff comfort, stabilize system performance, and generate cost reductions and efficiency gains. After the first full year under the HYStat program, Cothrom received a summary showing high marks for equipment performance despite its physical condition. The report did point out that a unit as old as theirs is vulnerable to breakdown.

“Giving Cothrom a data-based method to evaluate risks, make informed decisions and get a higher return on investment was something that closely mirrored their own service model,” said Hill York Senior Analyst Chris Hamilton. “That’s the heart of HYStat’s appeal – true predictive maintenance that contains costs, facilitates capital budgeting, and keeps unpleasant surprises from clouding an otherwise positive business outlook.”

Fatefully, it was a rapidly unfolding situation that prodded Cothrom’s management to fully embrace the technology. A small refrigerant leak in an outside air conditioning unit quickly grew, causing the system to freeze up during a hot spring day. The HYStat thermostat and sensors feeding live data to Hill York’s analysts detected a decline in cooling efficiency 24 hours before the leak became critical. An automated alert was issued and a call was made to Cothrom communicating the danger signs.

“Unfortunately, we put off service thinking we could just clean up the closet and it would all be fine,” acknowledged Jordan Gillespie, a partner at Cothrom. “The result was a broken unit and two days of downtime that created a very uncomfortable 82-degree office.”

Using HYStat’s remote capabilities before traveling to the site, a Hill York technician diagnosed the problem within 15 minutes of arriving and confirmed the need to replace the older unit.

“Our take-away from that experience was to believe in the analytical power of the technology to catch problems early and avoid unnecessary downtime,” observed Gillespie. “That’s why we invested in HYStat in the first place – data-rich remote monitoring backed by the professionalism of the Hill York team.”

In providing greater insight into their indoor climate and costs, HYStat supplies a power that’s putting Cothrom on very familiar ground: Being in control and able to analyze risks to make smart business decisions now and over the long term.

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Thermostat Wars: What’s Best For Your Business?

The lowest hanging fruit for potential energy and dollar savings in a home or office is your thermostat. On average, 10% in energy savings can be saved by dialing back an AC system’s temperatures by around 7-10 degrees for 8 hours a day. Doing this setback manually can be a hassle so there are different styles of thermostats to make it as easy as possible to realize savings; we look at programmable, connected, and smart thermostat’s below.

Programmable Thermostats

The most common thermostats are programmable. These have the ability to set a simple temperature schedule for a home or business based upon the day and time. This allows for a set temperature during business hours and a temperature setback during vacant hours. One of the issues of a programmable thermostat is their complexity. Knowing this, reading the manual and completing a proper set up are required to ensure energy and dollar savings.

Connected Thermostats

Newer to the scene are connected thermostats. These thermostats have all the features of a programmable thermostat with the ability to connect to the internet. Connected thermostats usually come with smartphone applications or a web portals to adjust temperatures and set schedules in real time, essentially solving any usability issues. The positioning of connected thermostats in the marketplace is as a bridge from programmable to smart thermostat’s.  This can benefit them as they offer ease of use but lack many of the new features consumers want such as learning algorithms, alerting, and enterprise solutions.

Smart Thermostats

In addition to having all the abilities of connected thermostats, smart thermostats feature additional sensors and built-in algorithms to manage runtime, energy use, and personal comfort. Common sensors on smart thermostats include: ambient temperature from multiple spaces, humidity, sunlight, outside weather, and occupancy. True value of the sensors is realized through the algorithms embedded in the thermostat firmware that learns habits, comfort levels, and schedules to keep a space comfortable while minimizing the HVAC runtime. Smart thermostats have higher upfront costs and are designed for residential applications.

HYStat

If you are a business owner looking for the best thermostat, turn to the connected thermostat from Hill York; HYStat. We monitor your systems 24/7 and apply our own algorithms to the data from the multitude of sensors installed to prevent condensate overflows and system downtime. In addition, we have a proven track record of energy savings after installation. Whether you want to have a thermostat that brings peace of mind or a thermostat that puts you in charge of saving money on maintenance and energy, HYStat is the best thermostat for your business.