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Energy Financial Settlements

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Samsung is Expanding Energy Management

Energy Financial Settlements Patent Forecast®

February 6, 2020

Samsung's recently issued patent for the Energy Financial Settlement sector relates to a gateway for managing energy use.

The gateway includes an energy management user interface (EMUI), able to notify users of demand response events. Users can be notified via a text message, which includes a request to participate in a demand response event, and an agreement to pay for participation. Accepted payment methods include credits, cash, rewards, points, contribution to education funds, discounts on energy rates, or any combination.

The EMUI is also able to determine an estimate of what energy savings are for a specific site, allowing users to make informed purchasing decisions.

Industry, Scarf Dream, Armature, Power Generation

Relevant Patent Documents

Patent US10551861  


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