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:
Apr. 13, 1999
Filed:
Jan. 27, 1997
Norman E Chasek, Stamford, CT (US);
Other;
Abstract
A smart meter/billing system that eases the transition to commodity-like marketplace operations for electric power, and supports near real-time load balancing between competing suppliers of electric power. Existing watt-hour meters become multi-parameter terminals or smart meters that measure consumption per unit of time correlatible to calendar-time, measure near real-time demand, measure reliability, store information and transmitting it to a smart meter reader when properly interrogated. The smart reader periodically sends its accumulated information to a billing computer. An optional ancillary system uses the same smart meters to support automatic load balancing between competing suppliers that share common distribution facilities. Supplier designated demand increments from possibly millions of consumers, are summed according to the supplier-of-record, over near real-time intervals. These sums are used by the suppliers to adjust their output power so it equals the actual, near real-time demand of their customers-of-record at any time.