TARIFF GENERATION, INVOICING AND CONTRACT MANAGEMENT

• US 20090307059A1
• Filed: 06/05/2009
• Published: 12/10/2009
• Est. Priority Date: 06/22/2000
• Status: Active Grant

• Current Assignee: Jimmi Interests Limited
• Original Assignee: Jimmi Limited
• Inventors: Philpott, Andrew Bryan, Young, Simon Venn
• Granted Patent: US 7,949,555 B2
• Time in Patent Office: Days
• US Class Current: 705/10
• CPC Class Codes: G06Q 10/063 Operations research, analysis or management
• CPC Class Codes: G06Q 10/087 Inventory or stock management, e.g. order filling, procurement or balancing against orders
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/123 Tax preparation or submission

Abstract

A computer-implemented method of supplying a tariff to a tariff recipient, the method comprising the steps of: a) receiving one or more cost curves from one or more suppliers, each cost curve being indicative of variations in the cost of a product or service expected by a respective associated supplier over time; b) receiving a load curve, the load curve being indicative of expected o variations in consumption of the product or service over time; c) calculating a tariff from the load curve received in step b) and the >cost curve received in step a) in accordance with a predetermined algorithm; and d) transmitting the tariff calculated in step c) to the tariff recipient.

Claims

1. A computer-implemented method of supplying a tariff to a tariff recipient, the method comprising the steps of:

a) receiving one or more cost curves from one or more suppliers, each cost curve being indicative of variations in the cost of a product or service expected by a respective associated supplier over time;

b) receiving a load curve, the load curve being indicative of expected variations in consumption of the product or service over time;

c) calculating a tariff from the load curve received in step b) and the cost curve received in step a) in accordance with a predetermined algorithm; and

d) transmitting the tariff calculated in step c) to the tariff recipient.

2. The method of claim 1, wherein the tariff comprises one or more tariff values of the general form:

p=c·

l+m, where

p is a tariff value,

c is a cost curve value,

l is a load curve value, and

m is a non-zero margin value

3. The method of claim 2, wherein the tariff values p are calculated by minimising p.l subject to one or more predetermined business rules.

4. The method of claim 2, wherein the tariff values p are calculated by minimising p.l.pi subject to one or more predetermined business rules, where pi is a predetermined probability value.

5. The method of claim 3 wherein the tariff values p are calculated by minimising p.l subject to predetermined constraints on m.

6. The method of claim 1 wherein the predetermined algorithm calculates one or more tariff values in accordance with the equation:

p=c·

lmax+d[l−

lmax], where

p is a tariff value,

c is a cost curve value,

l is a load curve value,

lmax is a maximum load value, and

d is a surcharge value.

7. The method of claim 1 wherein the predetermined algorithm calculates one or more tariff values in accordance with the equation:

p=e·

l+c·

x+(d−

c){x−

l]₊, where

p is a tariff value,

c is a cost curve value,

l is a load curve value,

e is an option value,

x is an actual load value,

d is a surcharge value, and

[v]₊=max {v,0}.

8. The method of claim 1, wherein step b) is performed after step a).

9. The method of claim 1 further comprising saving the cost curve in a store after it has been received in step a), and retrieving the saved cost curve from the store prior to, or during, the tariff calculation step c).

10. The method of claim 1 wherein steps a)-d) are performed by a central processor.

11. The method of claim 1 further comprising transmitting the predetermined algorithm to the central processor before a tariff is created in step d).

12. The method of claim 1 wherein the tariff comprises a plurality of tariff values, and the method further comprises the step of summing the tariff values.

13. The method of claim 1 further comprising transmitting the predetermined algorithm to the tariff recipient.

14. The method of claim 1 wherein the cost curve comprises a plurality of cost curve values.

15. The method of claim 1 wherein the load curve comprises a plurality of load curve values.

16. The method of claim 1 wherein the load curve is received in step b) from the tariff recipient.

17. The method of claim 1 wherein step a) comprises receiving a plurality of cost curves from one or more suppliers.

18. The method of claim 17 wherein step c) comprises calculating a plurality of tariffs from the plurality of cost curves.

19. The method of claim 18 further comprising the step of selecting a preferred one of the tariffs.

20. The method of claim 17 including the additional step of:

e) receiving a cost curve identifier which identifies one of the plurality of cost curves for use in step c).

21. The method of claim 1 wherein step a) comprises receiving cost curves from a plurality of suppliers.

22. The method of claim 21 including the additional step of:

f) receiving a supplier identifier which identifies at least one of the suppliers, wherein a cost curve associated with the supplier identified in step f) is used to calculate the tariff in step c).

26. A computer implemented method of establishing a contract between a supplier and a tariff recipient for the provision of a product or service, the method comprising the steps of:

a) supplying a tariff to the tariff recipient by a method according to claim 1;

b) receiving a contract acceptance from the tariff recipient, the contract acceptance identifying a supplier;

c) transmitting a contract confirmation to the tariff recipient to acknowledge receipt of the contract acceptance in step b); and

d) forwarding the contract acceptance to the supplier identified in the contract acceptance.

27. A computer implemented method of invoicing a tariff recipient for the provision of a product or service, the method comprising establishing a contract with a tariff recipient by a method according to claim 26;

monitoring consumption of the product or service during a contract period; and

invoicing the tariff recipient in accordance with the tariff previously supplied to the tariff recipient in step a) and the monitored consumption.

28. The method of claim 1, wherein the product or service comprises electrical power.

30. A computer system including a computer readable medium carrying a computer program, the computer program being configured to carry out the method of claim 1.

31. A computer readable medium carrying a computer program, the computer program being configured to carry out the method of claim 1.

32. A computer program configured to carry out the method of claim 1.

23. A computer implemented method of obtaining a tariff, the method comprising the steps of:

a) transmitting a first load curve to a central processor, the first load curve being indicative of expected variations in consumption of a product or service expected over time;

b) receiving a first tariff from the central processor, the first tariff being associated with the first load curve;

c) transmitting a second load curve to the central processor, the second load curve being indicative of expected variations in consumption of the product or service over time;

d) receiving a second tariff from the central processor, the second tariff being associated with the second load curve;

e) selecting the first tariff or the second tariff; and

f) transmitting a contract acceptance, the contract acceptance indicating which tariff has been accepted in step e).

24. A computer implemented method of invoicing for the provision of a product or service, the method comprising:

a) monitoring consumption of the product or service;

b) invoicing in accordance with the monitored consumption and a tariff;

c) calculating an expected profit value in accordance with the monitored consumption;

d) calculating an actual profit value in accordance with the monitored consumption;

e) making a surcharge if the expected profit value exceeds the actual profit value; and

f) making a refund if the actual profit value exceeds the expected profit value.

25. The method of claim 24, further comprising receiving a load curve, the load curve being indicative of expected variations in consumption of the product or service over time, wherein the expected profit value is calculated in step d) in accordance with the received load curve.

29. Apparatus for supplying a tariff to a tariff recipient, the apparatus comprising:

e) means for receiving one or more cost curves from one or more suppliers, each cost curve being indicative of variations in the cost of a product or service expected by a respective associated supplier over time;

f) means for receiving a load curve, the load curve being indicative of expected variations in consumption of the product or service over time;

g) means for calculating a tariff from the received load curve and the received cost curve in accordance with a predetermined algorithm; and

h) means for transmitting the calculated tariff to the tariff recipient.