Billing and payment methods and systems enabling consumer premises equipment

The invention describes a financial system designed to help homeowners afford renewable energy equipment, like solar panels, for their homes. It works by connecting the equipment to the power grid, precisely measuring the electricity it generates and sends back, and then using the income from that sold electricity to directly support the repayment of a loan taken out to purchase the equipment.

Why it matters: Filed before widespread smart grid infrastructure and advanced financial technology platforms were common. The ability to precisely measure distributed energy generation and automatically integrate that data into loan repayment systems is now significantly more feasible and cost-effective.

Status: In forceA lapse was cured by a late fee and protection was reinstated.
How hard to build: SpecializedMetering hardware, financial software system

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