Patents Assigned to Clean Power Finance, Inc.
  • Patent number: 9031874
    Abstract: A system is provided for increasing the probability of timely receiving payment under an agreement between a consumer and a non-utility entity for providing financing for renewable energy consumer premises equipment (CPE) by the consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid or to the consumer's premises, the system comprising: a computer for monitoring consumer financial information for by the non-utility entity to detect the consumer's financing default in accordance with the agreement, wherein the renewable energy CPE including a PV array and a control device coupled to the PV array for controlling the operation of the PV array and any power generated by the CPE upon a default detected by the computer.
    Type: Grant
    Filed: March 23, 2010
    Date of Patent: May 12, 2015
    Assignee: Clean Power Finance, Inc.
    Inventor: Gary Kremen
  • Publication number: 20130226763
    Abstract: The techniques introduced here provide a variety of systems and methods enabling grouping and marketing of loans for renewable energy consumer premises equipment (CPE). The techniques introduced here include, among other things, using a computer system to group loans granted to a plurality of consumers for financing CPE into one or more financial instruments. Each loan can be secured against one or more of a power proxy, real property, or a specific CPE. The techniques further include grouping, by the computer, the one or more financial instruments into a multi-class security and securing the multi-class security against payment streams for the loans. The multi-class security can be divided by the computer into a plurality of tranches. Further, the techniques introduced here, include selling an ownership interest in the multi-class security to investors via an electronic exchange.
    Type: Application
    Filed: February 6, 2013
    Publication date: August 29, 2013
    Applicant: CLEAN POWER FINANCE, INC.
    Inventor: Clean Power Finance, Inc.
  • Publication number: 20120023039
    Abstract: A method and system are disclosed for tax-advantaged financing of renewable energy consumer premises equipment (CPE) for installation and operation on a residential premises of a residential consumer. The method comprises (a) agreeing to supply power generated by the renewable energy CPE to the residential premises of the residential consumer and (b) taking a real property security interest in a primary residence of the residential consumer, whereby the real property security interest secures payments for the power supplied to the residential consumer.
    Type: Application
    Filed: April 29, 2011
    Publication date: January 26, 2012
    Applicant: Clean Power Finance, Inc.
    Inventor: Gary Kremen
  • Patent number: 7890436
    Abstract: The present invention teaches a variety of systems and methods enabling renewable energy consumer premises equipment (CPE) such as dual metering techniques. The present invention contemplates, among other things, supporting, by increasing a likelihood of meeting financing obligations, a consumer purchasing, leasing, installing and/or maintaining renewable energy CPE for power generation at a consumer premises. The renewable energy CPE may be attached to a structure on the consumer premises, disposed free standing on the consumer premises, or utilized through any other suitable means on the consumer premises.
    Type: Grant
    Filed: January 12, 2007
    Date of Patent: February 15, 2011
    Assignee: Clean Power Finance, Inc.
    Inventor: Gary Kremen
  • Patent number: 7698219
    Abstract: A business method is disclosed of increasing the probability of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid. The method comprises creating an agreement between a consumer and an entity financing renewable energy CPE, wherein creating the agreement includes creating a provision that allows the entity to control power at the consumer premises if a default of the agreement by the consumer occurs.
    Type: Grant
    Filed: May 18, 2007
    Date of Patent: April 13, 2010
    Assignee: Clean Power Finance, Inc.
    Inventors: Gary Kremen, David G. Coleman
  • Publication number: 20080172346
    Abstract: A business method is disclosed of increasing the probability of timely receiving payment for financing renewable energy consumer premises equipment (CPE) by a consumer for power generation at a consumer premises, the renewable energy CPE adapted to deliver power onto a power grid. The method comprises creating an agreement between a consumer and an entity financing renewable energy CPE, wherein creating the agreement includes creating a provision that allows the entity to control power at the consumer premises if a default of the agreement by the consumer occurs.
    Type: Application
    Filed: May 18, 2007
    Publication date: July 17, 2008
    Applicant: Clean Power Finance, Inc.
    Inventors: Gary Kremen, David G. Coleman