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.

Date of Patent:
Aug. 25, 2020

Filed:

Oct. 08, 2015
Applicant:

Robert Bosch Gmbh, Stuttgart, DE;

Inventors:

Marija Dragoljub Ilic, Sudbury, MA (US);

Jhi Young Joo, Pittsburgh, PA (US);

Burton Warren Andrews, Pittsburgh, PA (US);

Badri Raghunathan, San Jose, CA (US);

Diego Benitez, Pittsburgh, PA (US);

Felix Maus, Pittsburgh, PA (US);

Assignee:

Robert Bosch GmbH, Stuttgart, DE;

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 30/02 (2012.01); G06Q 50/06 (2012.01); G06Q 40/04 (2012.01); G06Q 30/06 (2012.01); G06Q 10/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 30/0206 (2013.01); G06Q 10/04 (2013.01); G06Q 30/06 (2013.01); G06Q 40/04 (2013.01); G06Q 50/06 (2013.01); Y04S 10/58 (2013.01); Y04S 10/60 (2013.01); Y04S 50/10 (2013.01); Y04S 50/14 (2013.01);
Abstract

A method for determining an amount of electricity to purchase includes determining electrical power consumption characteristics of an electrical load at an end user of the electricity. A preference of the end user for an output of the electrical load is ascertained. The output varies with a rate of electrical power consumption by the load. A mathematical model is created of an amount of electrical power to be consumed by the load as a function of time and of monetary cost of the electricity. The model is dependent upon the electrical power consumption characteristics of the electrical load and the preference of the end user for an output of the electrical load. An amount of electricity is purchased based on the mathematical model of an amount of electrical power to be consumed by the load, and based on the monetary cost of the electricity.


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