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:
Mar. 29, 2022
Filed:
Apr. 17, 2019
Johnson Controls Tyco Ip Holdings Llp, Milwaukee, WI (US);
Mohammad N. ElBsat, Milwaukee, WI (US);
Michael J. Wenzel, Grafton, WI (US);
Payal Rajendra Pancholi, Navi Mumbai, IN;
Abhishek Gupta, Pune, IN;
Apoorva Gupta, Mumba, IN;
Johnson Controls Tyco IP Holdings LLP, Milwaukee, WI (US);
Abstract
A method includes operating equipment to consume energy resources including energy or power purchased from a utility, and obtaining a block-and-index rate profile for a future time period. The block-and-index rate profile includes a block rate and a block size for each of a plurality of sub-periods in the future time period. The block size for a sub-period identifies an amount of energy or power priced at the block rate for the sub-period. The method also includes applying the block-and-index rate profile in an optimization process for the equipment over the time period, running the optimization process, and allocating energy resources to the equipment over the time period in accordance with a result of the optimization process.