Method and apparatus for remotely monitoring electricity rates

Details Method and apparatus for remotely monitoring electricity rates Method and apparatus for remotely monitoring electricity rates

G - Physics

06

Q

G06Q 30/02 (2012.01) G06Q 50/06 (2012.01)

Patent

CA 2570454

A system and method are provided for remotely capturing, processing and displaying spot electricity pricing information that enable a consumer to conveniently monitor market prices and use such information to determine when and how to consume electricity. A terminal is conveniently located within the residence of the consumer, and is preferably designed to be ergonomic in its human interface, as well as aesthetically pleasing. The terminal provides a convenient, intelligent and thus useful device so as to enable the consumer to take advantage of favourable spot pricing offered by an electricity supplier using data that has already been transmitted to a smart meter, or similar data provided by an independent entity.

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