Method for energy consumption monitoring and control and system therefrom

Abstract

The invention provides a method and system for managing energy consumption for efficient recording, monitoring, control of electricity or energy usage and payment collection for the same. The energy consumption recording method for managing energy consumption multiple host users, comprises steps for collating electricity meter data from each meter associated with the each host user, through a data concentrator unit, wherein the data concentrator unit comprises at least one sensor for each electricity source associated with the each meter. Method further includes a step for translating the electricity meter data from each meter into the meter indicative parameters for each host user, communicating these meter indicative parameters to a meter data management database, and recording the meter indicative parameters for each host user in the meter data management database. These recorded parameters include dynamic usage information and further used in analytics useful for monitoring, control and payment collections.

Dependencies are inferred from the claim text.