Approach For Producing And Managing Electricity

• US 20120226592A1
• Filed: 03/01/2012
• Published: 09/06/2012
• Est. Priority Date: 03/01/2011
• Status: Abandoned Application

• Current Assignee: Michael P. Flynn
• Original Assignee: Michael P. Flynn
• Inventors: Flynn, Michael P.
• Application Number:
  US13/410,138
• Publication Number:
  US 20120226592A1
• Time in Patent Office: Days
• US Class Current: 705/34
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 50/06 Energy or water supply

Abstract

An approach for producing and managing electricity includes producing electricity off premise while providing offsetting of power consumed on premise. As used herein, the term “off premise” refers to a location other than the location where electricity is being consumed and the term “on premise” refers to the location where the electricity is being consumed. The approach is applicable to any method or technology for generating electricity. Participants or customers have an ownership interest in the power generating facility. The offsetting of power may be accomplished using a wide variety of techniques, for example, energy production data may be reported to the premise where electricity is consumed and/or to an electric utility company to allow for customer billing credits, adjustments and/or direct or in-direct utility meter off-sets (net metering). Thus, each participant produces the power they consume with electricity production equipment in which they have an ownership interest.

Claims

1. A method for allocating off premises electricity production to a plurality of end users as substantially described and depicted herein.