METHODS, SYSTEMS AND AGREEMENTS FOR INCREASING THE LIKELIHOOD OF REPAYMENTS UNDER A FINANCING AGREEMENT FOR RENEWABLE ENERGY EQUIPMENT
First Claim
1. A system for increasing a likelihood of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the system comprising:
- a renewable energy CPE installed at a consumer premises for power generation, the renewable energy CPE coupled to a power grid to enable delivery of power generated by the renewable energy CPE onto the power grid;
a control device operable to control power at the consumer premises;
an agreement between the consumer and a lender enabling the consumer to purchase the renewable energy CPE with a loan provided by the lender to the consumer and enabling the lender to control power at the consumer premises by operating the control device.
1 Assignment
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Accused Products
Abstract
A business method is disclosed of increasing the probability of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid. The method comprises creating an agreement between a consumer and an entity financing renewable energy CPE, wherein creating the agreement includes creating a provision that allows the entity to control power at the consumer premises if a default of the agreement by the consumer occurs.
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Citations
9 Claims
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1. A system for increasing a likelihood of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the system comprising:
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a renewable energy CPE installed at a consumer premises for power generation, the renewable energy CPE coupled to a power grid to enable delivery of power generated by the renewable energy CPE onto the power grid; a control device operable to control power at the consumer premises; an agreement between the consumer and a lender enabling the consumer to purchase the renewable energy CPE with a loan provided by the lender to the consumer and enabling the lender to control power at the consumer premises by operating the control device. - View Dependent Claims (2, 3, 4)
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5. A system comprising:
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a renewable energy consumer premises equipment (CPE) installed at a consumer premises for power generation and coupled to a power grid to enable power delivery onto the power grid, the CPE purchased by the consumer with a loan provided by a lender according to an agreement granting the lender rights to control power at the consumer premises; a main service panel located at the consumer premises; a first control device coupled between the CPE and the main service panel, the first control device operable by the lender according to the agreement; a second control device coupled between the main service panel and a power grid providing power to the consumer premises, the second control device operable by the lender according to the agreement. - View Dependent Claims (6, 7)
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8. A business method of increasing the probability of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid, the method comprising:
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providing a loan to a consumer by a lender for the consumer'"'"'s purchase of renewable energy CPE; making payments incrementally by a consumer to the lender over a period of time to repay the loan; and controlling the power generated by the renewable energy CPE. - View Dependent Claims (9)
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Specification