Edward R Levene

US Patent:

20140039999, Feb 6, 2014

Filed:

Mar 15, 2013

Appl. No.:

13/841847

Inventors:

Edward R. Levene - New Canaan CT, US
Robert S. Levene - Weston CT, US

International Classification:

G06Q 20/08

US Classification:

705 1423, 705 39, 705 16, 705 44

Abstract:

System and method for calculating and applying surcharges or payment type fees to payment transactions. A calculation device receives pricing and payment information for a transaction, such as a credit or debit card transaction, and calculates a surcharge or payment type fee based upon the transaction costs that will apply if the transaction is completed. The transaction costs may be estimated by the calculation device or received from a payment network.

US Patent:

20120203643, Aug 9, 2012

Filed:

Feb 1, 2012

Appl. No.:

13/363563

Inventors:

Edward Ross Levene - New Canaan CT, US
Robert Sidney Levene - Weston CT, US

Assignee:

Energy Advantage, Inc. - Stamford CT

International Classification:

G06Q 40/04
G06Q 30/02

US Classification:

705 1473, 705 37

Abstract:

New system and method that provides an efficient and cost-effective method for retail fuel dealers to offer their customers a fixed-price alternative, while shifting the risk of price volatility to a hedging entity, is disclosed. A fixed-price option is desired by many retail customers as an alternative to the well-established method of variable pricing based on day of delivery or purchase at the gasoline station pump. By efficiently aggregating retail customers from a number of retail dealers using a Fixed-Price Pricing Platform, a low-cost method is disclosed. Both the retail dealer and the retail customer maintain their traditional business relationship. The retail customer can avoid some or all of the risks of fuel price fluctuation over the term of the retail hedging contract with the dealer without the dealer having to take on any of the price fluctuation risks, as those risks are transferred to the hedging entity.

US Patent:

20220364752, Nov 17, 2022

Filed:

Mar 11, 2022

Appl. No.:

17/654498

Inventors:

Edward Levene - Stamford CT, US

International Classification:

F24F 11/47
G06Q 50/06
F24D 13/04

Abstract:

A control system for controlling consumption of energy in an environment including a controller having a processor and a real time clock, the real time clock being configured to coordinate operations of the processor with timing of the designated peak period, the processor being configured to determine a minimum pre-operating period and to signal an air conditioning and/or space heating system to enter an operating state for at least the minimum pre-operating period before the designated peak period begins and enter a non-operating state after the designated peak period begins; an operating program having processing parameters and processing procedure for determining the minimum pre-operating period, wherein the processing parameters and processing procedure comprise determining the minimum pre-operating period using thermal mass of the environment, costs for the consumption of energy, and efficiency of the air conditioning and/or space heating system.

US Patent:

20160132850, May 12, 2016

Filed:

Dec 28, 2015

Appl. No.:

14/980732

Inventors:

Edward R. Levene - New Canaan CT, US
Robert S. Levene - Weston CT, US

International Classification:

G06Q 20/14
G06Q 20/42

Abstract:

System and method for calculating and applying surcharges or payment type fees to payment transactions. A calculation device receives pricing and payment information for a transaction, such as a credit or debit card transaction, and calculates a surcharge or payment type fee based upon the transaction costs that will apply if the transaction is completed. The transaction costs may be estimated by the calculation device or received from a payment network.