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Financial rebate program for utilities based on degree days

  • US 6,105,000 A
  • Filed: 10/15/1997
  • Issued: 08/15/2000
  • Est. Priority Date: 10/16/1996
  • Status: Expired due to Fees
First Claim
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1. A computer-readable memory device having a computer program stored thereon for directing the operation of a computer, said program comprising:

  • receiving means for receiving information representative of a location and a time-of-year interval and representative of historical weather data concerning a measurable, weather-related parameter regarding said location and time-of-year interval;

    calculating means for calculating a financial rebate as a function of said historical weather data, a specified premium and a deviation in said weather-related parameter from a specified strike during said interval at said location; and

    output means for producing an output representative of said rebate.

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