Integrated utility distribution and automated billing
Number of patents in Portfolio can not be more than 2000
United States of America
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Mar 4, 2025
Grant Date -
Sep 7, 2023
app pub date -
May 15, 2023
filing date -
May 15, 2023
priority date (Note) -
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status (Latency Note)
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Abstract
Controlling provision of a set of utilities by a financial institution. The method includes receiving, by a processor of a financial institution computing system associated with a financial institution, utility usage information from a set of utility meters associated with a plurality of customers of the utility company. The method includes determining a utility account balance for a customer of the plurality of customers based at least in part by an aggregate amount of utility usage used by the plurality of customers for a billing cycle by aggregating the received utility usage information for the billing cycle. The method includes determining that the utility account balance exceeds a threshold permitted past due amount. The method includes sending a stop signal to a utility meter associated with the customer, the stop signal instructing the utility meter to cut off provision of the utility to a property serviced by the utility meter.
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