Apparatus and Method for Determining and Applying an Energy Savings to a Financial Transaction

This invention describes a system that tracks how much energy and other utilities a building uses. It compares this usage to a set baseline to figure out if the building is saving energy. Any calculated energy savings are then converted into a monetary value, and a part of that money can be used for things like paying off a mortgage faster or investing.

Why it matters: The widespread adoption of smart meters and IoT devices since 2008 makes utility data collection significantly easier and more granular. Simultaneously, the maturation of FinTech and API-driven financial services simplifies the integration needed to apply savings to financial transactions.

Status: ExpiredProtection ended and was never renewed
How hard to build: SpecializedSoftware logic, data integration, financial APIs

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