Patent ID: 8788415
Filing Date: 2014-07-22
Classification: G06Q,Y04S

Abstract:
1. A method of operating an electrical device in a market-based resource allocation system, comprising: receiving, by a computing device, a user comfort setting selected by a user, the user comfort setting being selected from at least a first user comfort setting and a second user comfort setting, the first user comfort setting indicating the user's willingness to pay more to achieve a desired performance level for an electrical device relative to the second user comfort setting; computing, by the computing device, an average dispatched value using multiple dispatched values from a previous time period, the multiple dispatched values representing values at which electricity was dispatched by the market-based resource allocation system during the previous time period; computing, by the computing device, a probability value of operating the electrical device based on at least the user comfort setting and the average dispatched value; and based at least in part on the computed probability value, generating a signal for operating the electrical device.