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COOPERATIVE ENVIRONMENTAL AND LIFE BENEFIT EXCHANGE SYSTEM

  • US 20090177548A1
  • Filed: 01/09/2009
  • Published: 07/09/2009
  • Est. Priority Date: 01/09/2008
  • Status: Abandoned Application
First Claim
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1. A cooperative environmental and life benefit exchange system, comprising:

  • a grid network including a plurality of transmitting facilities for transmitting available electrical energy;

    a plurality of rate payers using electrical energy generated from renewable energy sources, the rate payers include a first subset of rate payers that purchase their used electrical energy from the grid, and a second subset of rate payers having renewable energy generation systems for generating their used electrical energy and that sell surplus generated electrical energy back to the grid;

    a plurality of utility companies cooperating to provide the grid network, the utility companies including a first subset of utility companies having renewable energy generation systems for generating electrical energy provided to the grid, and a second subset of utility companies that purchase the surplus electrical energy generated by the second subset of rate payers;

    a plurality of credits that are accumulated by the plurality of rate payers, a value of each of the credits corresponding to a predetermined amount of electrical energy purchased from or sold back to the grid in energy purchase and sale transactions;

    a plurality of life benefits each acquired at a benefit cost, wherein each of the life benefits provides a quality of life benefit to a rate payer or a beneficiary of the rate payer; and

    an administrator having an interface for registering and tracking the plurality of credits within the exchange system, the interface determining an amount of credits assigned to each of the rate payers based on the energy purchase and sale transactions and supervising a redemption process wherein the credits accumulated by one or more of the plurality of rate payers are redeemed at a redemption rate to provide a redemption value, the redemption value being remitted by the one or more rate payers to satisfy the benefit cost for acquiring one or more of the life benefits, or portions thereof.

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