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SYSTEM, METHOD AND APPARATUS TO FORECAST ENERGY DEMAND FROM PAYMENT DATA SUMMARY

  • US 20160125485A1
  • Filed: 11/04/2014
  • Published: 05/05/2016
  • Est. Priority Date: 11/04/2014
  • Status: Abandoned Application
First Claim
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1. A method comprising:

  • receiving, with a network interface, a request for a utility forecast from a utility service, the request specifying a region and a time period for the utility forecast;

    parsing, with a processor, a plurality of payment card transaction data or travel transaction data from a Global Distribution System (GDS) to determine an absent household, the payment card transaction or travel transaction data being associated with a cardholder that resides within the specified region, the payment card transaction or travel transaction data containing a travel itinerary, the travel itinerary including a travel time period;

    determining, with the processor, a number of the absent households during at least part of the time period based on the travel time period;

    for each of the absent households, retrieving past utility usage from a non-transitory computer-readable medium;

    for each of the absent households, calculating with the processor a reduction in utility demand based on the travel time period;

    aggregating, with the processor, a total utility demand forecast based on the reduction in utility demand;

    reporting, with the network interface, the total utility demand forecast to the utility service.

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