Importance

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Abstract

The invention relates to an energy storing method and apparatus for use by end-users of energy, such as commercial property owners and operators. The system differs from past systems, insofar as it is not intended to be used by and in connection with energy suppliers, such as large utility and power supply plants and grids. The system preferably relates to the manner in which an end-user of energy can implement energy and costs savings, by using energy storage and time-shifting methods, to control and regulate the consumption of energy in a manner that achieves a cost savings over a period of time. One aspect of the method relates to accurately forecasting and predicting the energy demands and peaks that might occur on a daily basis, by recording and analyzing the prior day's history, as well as the overall energy demand histories, using short and long term forecasts, and then setting up a variable energy storage/use plan or schedule that helps to reduce the peak demands by time-shifting the energy that is used, i.e., reducing consumption during high demand/high cost periods, and using the energy stored during low demand/low cost periods during the high demand/high cost periods.

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First Claim