Apparatus, system, and method for quantifying energy usage and savings
First Claim
1. An apparatus for determining an energy savings and applying at least a portion of the savings to a financial transaction, the apparatus comprising:
- a processor;
a computer readable storage medium comprising;
a metering module configured to receive signals representing usage of one or more of energy, temperature, flow, current, volume, and mass of at least one utility related to an identified property for a mortgagee, the identified property comprising a new building, the mortgagee owning the identified property;
an analysis module configured to predetermine a baseline value of usage of the at least one utility and compare actual usage of the at least one utility, based on the received signals, to the predetermined baseline value and determine a savings in cost of energy for the identified property by calculating a difference between the actual usage and the baseline value, the baseline value based on one or more of modeling data and historic data of properties similar to the identified property;
an execution module configured to interface with a mortgagor to automatically apply at least a portion of the savings in cost of energy to repayment of a mortgage loan for the new building, the mortgage loan held by the mortgagor; and
wherein the metering module, the analysis module, and the execution module are executed by the processor.
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0 Petitions
Accused Products
Abstract
An apparatus, system, and method for quantifying energy usage and savings enables applying the savings to a financial transaction. Quantification includes estimating and/or monitoring usage of utilities by detectors, comparing the usage to a predetermined baseline value, and valuating an energy savings. Quantification relies on a comprehensive database to establish the baseline and to predict usage and savings. A portion of the savings may be applied to any of early repayment of a mortgage loan, investment in securities, and a request for a credit. The method and system standardizes values of energy units and/or monetary units, and quantifies savings. The method and system aids in qualifying the building project based on a concrete estimation of energy savings or a savings within a range. Thus, the method forms a bridge between green, other energy conserving, or sustainable technologies and the financial markets.
103 Citations
25 Claims
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1. An apparatus for determining an energy savings and applying at least a portion of the savings to a financial transaction, the apparatus comprising:
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a processor; a computer readable storage medium comprising; a metering module configured to receive signals representing usage of one or more of energy, temperature, flow, current, volume, and mass of at least one utility related to an identified property for a mortgagee, the identified property comprising a new building, the mortgagee owning the identified property; an analysis module configured to predetermine a baseline value of usage of the at least one utility and compare actual usage of the at least one utility, based on the received signals, to the predetermined baseline value and determine a savings in cost of energy for the identified property by calculating a difference between the actual usage and the baseline value, the baseline value based on one or more of modeling data and historic data of properties similar to the identified property; an execution module configured to interface with a mortgagor to automatically apply at least a portion of the savings in cost of energy to repayment of a mortgage loan for the new building, the mortgage loan held by the mortgagor; and wherein the metering module, the analysis module, and the execution module are executed by the processor. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A method for determining an energy savings and applying at least a portion of the savings to a financial transaction, the method comprising:
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receiving signals representing usage of one or more of energy, temperature, flow, current, volume, and mass of at least one utility related to an identified property for a mortgagee, the identified property comprising one of a property associated with a retrofit construction and a new building, the mortgagee owning the identified property; predetermining, by a processor, a baseline value of usage of the at least one utility and compare actual usage of the at least one utility, based on the received signals, to the predetermined baseline value, the baseline value based on one or more of modeling data and historic data of one or more of properties similar to the identified property and the property associated with the retrofit construction; determining, by the processor, a savings in cost of energy for the identified property by calculating a difference between the actual usage and the baseline value; and interfacing, by the processor, with a mortgagor to automatically apply at least a portion of the savings in cost of energy to one of repayment of an existing mortgage loan for the property associated with the retrofit construction and repayment of a mortgage loan for the new building, one of existing mortgage loan and the mortgage loan held by the mortgagor. - View Dependent Claims (15, 16, 17, 18, 19, 20)
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21. An article of manufacture comprising a non-transitory computer program storage medium readable by a processor and storing one or more instructions executable by the processor to perform a method for determining an energy savings and applying at least a portion of the savings to a financial transaction, the method comprising:
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receiving signals representing usage of one or more of energy, temperature, flow, current, volume, and mass of at least one utility related to an identified property for a mortgagee, the identified property comprising a new building, the mortgagee owning the identified property; predetermining a baseline value of usage of the at least one utility and compare actual usage of the at least one utility, based on the received signals, to the predetermined baseline value, the baseline value based on one or more of modeling data and historic data of properties similar to the identified property; determining a savings in cost of energy for the identified property by calculating a difference between the actual usage and the baseline value; and interfacing with a mortgagor to automatically apply at least a portion of the savings in cost of energy to repayment of a mortgage loan for the new building, the mortgage loan held by the mortgagor. - View Dependent Claims (22, 23, 24, 25)
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Specification