{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11301941","patent":{"patent_number":"US-11301941","title":"Systems and methods for optimizing incentives for demand response","assignee":null,"inventors":[],"filing_date":"2017-11-06T00:00:00.000Z","publication_date":"2022-04-12T00:00:00.000Z","cpc_codes":["G06Q","G06F","G06Q","G06F"],"num_claims":11,"abstract":"Electrical utilities offer incentives to customers to reduce consumption during periods of demand-supply mismatch. A building's participation in demand response (DR) depends both on its ability (due to building constraints), and its willingness (a function of incentive) to reduce electricity. Customers prefer a large incentive whereas a utility would want to minimize the revenue outflow to achieve a target reduction. Systems and methods of the present disclosure identify optimal incentive from the utility's perspective reflecting this trade-off. A model is built to estimate the demand response potential (DRP) of a building for a given incentive offered by the utility. The models for individual buildings are used to characterize the behavior of an ensemble of buildings. The utility may then decide optimum incentives that should be offered to achieve a target DR, using the associated DRP."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Systems and methods for optimizing incentives for demand response","description":"Electrical utilities offer incentives to customers to reduce consumption during periods of demand-supply mismatch. A building's participation in demand response (DR) depends both on its ability (due t","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11301941","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11301941","citation_suggestion":"Patentable. \"Systems and methods for optimizing incentives for demand response\" (US-11301941). https://patentable.app/patents/US-11301941","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11301941","json":"https://patentable.app/api/llm-context/US-11301941","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T14:46:36.073Z"}