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. 19, 2025

Filed:

May. 16, 2024
Applicant:

Tyco Fire & Security Gmbh, Neuhausen am Rheinfall, CH;

Inventors:

Mohammad N. Elbsat, Milwaukee, WI (US);

Michael J. Wenzel, Grafton, WI (US);

Assignee:

Tyco Fire & Security GmbH, Neuhausen am Rheinfall, CH;

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G05B 13/02 (2006.01); G06Q 30/0283 (2023.01); G06Q 50/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 50/06 (2013.01); G05B 13/026 (2013.01); G06Q 30/0284 (2013.01); Y04S 10/50 (2013.01);
Abstract

An energy optimization system includes an asset sizing system to determine an asset size and to cause a new asset to be purchased or installed. The energy optimization system uses a cost function dependent on a cost of operating a building system and on an initial purchase price of the new asset. The new asset may be a heat recover chiller, a solar energy system, a hydroelectric system, or an energy storage system. The optimization may be performed subject to a constraint related to the use of a resource supplied to the building system by one or more utilities. The optimization may include minimizing a simple pay back period or to maximizing a rate of return on the purchase of the new asset.


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