The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 09, 2019
Filed:
Jul. 11, 2013
Honeywell International Inc., Morristown, NJ (US);
Edward Koch, San Rafael, CA (US);
Stephen Pierson, Fairfax, CA (US);
Honeywell International Inc., Morris Plains, NJ (US);
Abstract
An approach for influencing demand response event performance through a variable incentive signal. Automated demand response programs may achieve an energy demand reduction by signaling participating consumers to curtail energy usage for a certain period of time, referred to as an 'event'. Customers may be free to 'opt-out' and withdraw their participation from DR events, on a per-event basis. When a participant opts out, the quantity of energy savings of the event may be reduced. Participating customers may be sent a message offering an incentive to tolerate an ongoing DR event. As the event progresses, the DR operator may dynamically monitor and modulate the rate of opt-outs. The present approach may be different in that instead of modulating the number of participants that are included in the event, it may modulate an incentive signal to keep already-included participants from opting out.