×

Energy management methods and systems based on financial impact

  • US 10,140,670 B2
  • Filed: 08/31/2012
  • Issued: 11/27/2018
  • Est. Priority Date: 08/31/2012
  • Status: Expired due to Fees
First Claim
Patent Images

1. A method of managing electrical energy consumption of a consumer, the method comprising:

  • determining that an energy consumption level of a site will prospectively result in an increase to an average consumption level of the site in a division of time of a billing cycle comprising a plurality of peaks in consumption;

    calculating a financial value of discharging an energy source at the site during the billing cycle to prospectively mitigate the increase in the average consumption level, the financial value being weighted by a first factor, a second factor, and a third factor, the first factor representing at least one demand charge increase prospectively avoided by mitigating the increase in the average consumption level, the second factor being inversely related to a time required to replenish the energy source after mitigating the increase to the average consumption level, and the third factor representing a frequency of occurrence of the plurality of peaks in the billing cycle;

    calculating a financial cost of prospectively mitigating the increase in the average consumption level;

    providing energy from the energy source to mitigate the increase in the average consumption level when the financial value at least offsets the financial cost.

View all claims
  • 2 Assignments
Timeline View
Assignment View
    ×
    ×