Managing Utility Bills And Optimizing Utility Consumption Of A Utility Consumption Site

Abstract: Approaches for managing utility bills and optimizing utility consumption in industrial environments are described. A utility bill resolution system 5 automates extraction, parsing, analysis, and resolution of utility bills from utility providers. The system detects anomalies within bills using machine learning models and verifies bill authenticity using real-time consumption data. A utility consumption optimization system analyzes historical consumption data and utility rate information to generate optimized 10 operation schedules for utility-intensive equipment and processes. The optimization system considers time-of-day pricing structures and implements peak shaving strategies to reduce costs. Both systems leverage advanced technologies including optical character recognition, natural language processing, and Internet of Things (IoT) devices to enhance 15 accuracy and efficiency. The integrated approach enables industrial consumers to ensure billing accuracy, proactively optimize utility consumption patterns, and achieve significant cost savings while improving operational efficiency across multiple utility consumption sites.

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