Importance

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Abstract

This invention relates to a recording node for receiving energy-related consumption meter data, for calculating consumption amount and consumption rate, and for storing such information. The invention further relates to networks into which the recording node is incorporated, or which can otherwise be accessed by the recording node. The recording node receives signals from a meter and calculates a current consumption rate value and a predicted consumption value for a time interval. At the end of the time interval, values calculated for the interval are stored in memory in the recording node and the recording node resets and begins calculating values for the next time interval. Price data may be received at the recording node from an external source, over a network, such as a distributed network, which includes the recording node. Consumption values and price data stored in the recording node are available to other nodes in the network. The network preferably does not include a central processor.

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First Claim