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Energy credit card system

  • US 6,978,931 B2
  • Filed: 04/13/2004
  • Issued: 12/27/2005
  • Est. Priority Date: 04/17/2003
  • Status: Active Grant
First Claim
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1. A method of providing an energy credit system for providing redeemable electrical or non-electrical energy credits or mass transit credits through an energy brokerage house to consumers who contribute power to a shared electric power grid whereby a plurality of consumers are each separately connected to a shared electric power grid, and wherein at least some of said consumers have their own, local renewable energy source connected to said power supply grid, comprising the steps:

  • measuring the excess power generated by each consumer'"'"'s energy source which is fed into said electric power grid,awarding energy credits, redeemable as either electrical energy, non-electrical energy, cash value or mass transit tickets, to each of said consumers in relation to the excess power contributed to the electric power grid by such consumer,recording said awarded energy credits at an energy brokerage house,allowing each consumer receiving said energy credits to redeem those energy credits by acquiring fuel, power or mass transit tickets from a fuel or power provider or from a mass transit system, andrequiring said energy brokerage house to compensate said fuel or energy provider or mass transit system in direct relation to the energy credits redeemed by each said consumer.

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