US Patent Issued to Tyco Fire & Security on Jan. 13 for "Building energy system with stochastic model predictive control and demand charge incorporation" (Wisconsin Inventors)

ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,525,799, issued on Jan. 13, was assigned to Tyco Fire & Security GmbH (Neuhausen am Rheinfall, Switzerland).

"Building energy system with stochastic model predictive control and demand charge incorporation" was invented by Ranjeet Kumar (Madison, Wis.), Michael J. Wenzel (Grafton, Wis.), Matthew J. Ellis (Milwaukee), Mohammad N. Elbsat (Milwaukee), Kirk H. Drees (Cedarburg, Wis.) and Victor Manuel Zavala Tejeda (Madison, Wis.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A building energy system includes equipment configured to consume, store, or discharge one or more energy resources purchased from a utility supplier. At least one of the energy resour...