DESC:FIELD OF THE INVENTION:
The present invention generally relates to the field of electrical devices. More specifically, the present invention relates to an electrical device for power source selection.

BACKGROUND:
Currently, hybrid power systems comprising multiple sources of energy such as solar, wind, and micro-hydro, are being developed. The energy produced by these sources is used to supplement the grid power, especially during peak hours. However, during non-peak hours, the power generated by these sources can be stored in a battery bank, which is later discharged to supply the loads.
These hybrid power systems also contain devices and methods to direct the flow of power within the system. For example, controllers that direct a switch to shift from one power supply to another in the event when electrical load requirement is not being met or a malfunction occurs. These switches can be linked to a computer that can evaluate the current flowing through the switch and how much power is necessary to satisfy a given load demand. However, these conventional hybrid power systems are inefficient, time consuming, costly and require continuous monitoring of various parameters for enabling synchronization between multiple power sources. Further, they do not allow consumers to decide the source of power supply based on their requirement. For example, some consumers may want most of their power demand to be met from renewable energy sources, whereas some other consumers may want most of their power demand to be met from grid mains. The conventional systems including energy meters and distributed generators are not flexible enough to support distribution of power based on pre-determined conditions or prepaid subscriptions.
Presently, in a mutli-tenant residential or commercial building, the renewable energy systems installed in the property usually only satisfy the common loads of the building. If individual tenants require a renewable energy connection in their apartment/office, they will EACH have to purchase a separate Solar Inverter, DC and AC cables, AC and DC switches, a Net-meter and its sanctions, AC armored cables etc. The overall cost and complexity of the system increases exponentially which in turn, dissuades potential clients from installing additional renewable energy systems that would help in combating the serious issue of Climate Change.
US 9871379 B2 discloses method and apparatus is disclosed relating to smart microgrids supported by dual - output off - grid power inverters with DC source flexibility that can intelligently and selectively pull power from one or multiple DC sources including solar panels , wind generators , and batteries based on certain criteria ; invert DC power to AC power ;supply the AC power to two off - grid circuits individually to power various types of AC loads that require different AC voltages , power quality , and power levels ;supply DC power through one or multiple DC output ports to power DC loads ; and charge batteries.
US 9178359 B2 discloses a power converter and method of operating the same for use in a power conversion system capable of receiving power from various sources, including renewable sources, for application to a load. Power type detection circuitry is provided for identifying the type of power Source at the input of each power detector, based on attributes of the time-varying power received.
None of these disclosures describe a system to select the power source and provide and distribute a pre-determined or fixed amount of electrical energy from conventional or alternative sources of power. There is, therefore, felt a need for an electrical device for power source selection that eliminates the above-mentioned drawbacks.

OBJECT OF THE INVENTION:
It is an object of the present invention to ameliorate one or more problems of the prior art or to at least provide a useful alternative.
An object of the present invention is to provide an electrical device for power source selection.
Another object of the present invention is to provide an electrical device for power source selection that enables distribution of power to an individual tenant within a society of multiple tenants of a property, from multiple power sources through a common distribution point.
Still another object of the present invention is to provide an electrical device for power source selection that facilitates distribution of a pre-determined amount of renewable power to each consumer.
Yet another object of the present invention is to provide an electrical device for power source selection that facilitates setting a limit on amount of renewable energy to be distributed to each consumer.
Still another object of the present invention is to provide an electrical device for power source selection that facilitates switching between multiple sources of energy based on a pre-determined logic.
Yet another object of the present invention is to provide an electrical device for power source selection that is capable of delivering a prepaid amount of energy from the renewable energy source to the consumers.
Still another object of the present invention is to provide an electrical device for power source selection that can monitor energy delivered to a consumer from a source of energy.
Yet another object of the present invention is to provide an electrical device for power source selection that efficiently distributes power from multiple sources such as the grid, a solar panel, a wind turbine, and a diesel generator.
Still another object of the present invention is to provide an electrical device for power source selection that reduces the amount of energy drawn from the power grid.
Yet another object of the present invention is to provide an electrical device for power source selection which implements a control logic that can safely balance the use of renewable power and grid power to meet a common load.
Still another object of the present invention is to provide an electrical device for power source selection which can efficiently consume all of the generated renewable energy generated.
Yet another object of the present invention is to provide an electrical device for power source selection that is easy to install.

SUMMARY:
Before the present invention is described, it is to be understood that the present invention is not limited to specific methodologies and materials described, as these may vary as per the person skilled in the art. It is also to be understood that the terminology used in the description is for the purpose of describing the particular embodiments only and is not intended to limit the scope of the present invention.

The present invention provides an electrical device for power source selection from plurality of power sources that is connected to load and to the grid mains via a junction box and an alternative source of power. The device comprises of a monitoring unit to monitor various parameters associated with the power received from the alternative power source, a control unit comprising a memory and a processor, and a switching means connected to the control unit and receiving the actuating signal from the control unit.

In an embodiment of the present invention, the memory is configured to store a pre-determined limit of energy consumption value for the load and a set of instructions based on pre-defined conditions and the processor is configured to receive the monitored parameter values, and is further configured to execute the set of instructions stored in the memory. The processor is configured to cooperate with the monitoring unit and the memory to receive the monitored energy value and the pre-determined energy consumption value, and is further configured to compare the received monitored energy value with the pre-determined energy consumption value and generate actuating signal when the monitored energy value becomes greater than or equal to the pre-determined energy consumption value which is received by the switching means that switches from the alternative source of power to the grid power without any time lag or delay thereby facilitating supply of only prescribed or predetermined amount of renewable energy to the consumers.

In another embodiment, a system is disclosed for optimizing power distribution from multiple sources including power grid and renewable energy sources to multiple users through a common distribution point. The system consists a plurality of devices associated with multiple users and a central controlling device. Each device is configured to facilitate selection of at least one power source from the multiple power sources based on a pre-defined logic to deliver a pre-defined amount of power to the associated user. The central controlling device is implemented as one or more microprocessors, microcontrollers, digital signal processors, central processing units, or any devices that manipulate signals based on defined instructions. The system further includes a repository that contains a list of users in the respective facility, the trend or pattern of energy consumption associated with each of the users in the said facility, pre-defined limits of power consumption decided for each of the users, amount of energy rented by each of users that consume high amounts of energy, and amount of energy lent by the users that consume low amounts of energy in a tabular format.
The processing component collaborates with the computation component to generate a triggering signal to control and regulate the working and maneuver of the devices such that the energy is circulated to the high power consumption user from the surplus energy available with the low power consumption user. This enables the sharing of surplus unused power available with the low power consumption user to the high power consumption user, thereby allowing the low power consumption users to avail economic benefits on the basis of the lent energy consumption value.

BRIEF DESCRIPTION OF ACCOMPANYING DRAWING:
The present invention, together with further objects and advantages thereof, is more particularly described in conjunction with the accompanying drawings in which:
FIG. 1 illustrates a block diagram depicting a power distribution system including an electrical device for power source selection, in accordance with an embodiment of present invention;
FIG. 2 illustrates a block diagram of the electrical device, in accordance with an embodiment of present invention;
FIG. 3 illustrates a flow chart depicting operational logic of a control unit of the electrical device, in accordance with an embodiment of present invention; and
FIG. 4 illustrates a flow chart depicting operational logic of the control unit of the electrical device, in accordance with another embodiment of present invention.

DETAILED DESCRIPTION
The embodiments herein below and the various features and advantageous details thereof are explained with reference to the non-limiting embodiments in the following description. Descriptions of well-known components and processing techniques are omitted to not unnecessarily obscure the embodiments herein. The examples used herein are intended merely to facilitate an understanding of ways in which the embodiments herein may be practiced and to further enable those of skill in the art to practice the embodiments herein. Accordingly, the examples should not be construed as limiting the scope of the embodiments herein.
The foregoing description of the specific embodiments so fully revealed the general nature of the embodiments herein that others can, by applying current knowledge, readily modify and/or adapt for various applications such specific embodiments without departing from the generic concept, and, therefore, such adaptations and modifications should and are intended to be comprehended within the meaning and range of equivalents of the disclosed embodiments. It is to be understood that the phraseology or terminology employed herein is for description and not of limitation. Therefore, while the embodiments herein have been described in terms of preferred embodiments, those skilled in the art will recognize that the embodiments herein can be practiced with modification within the spirit and scope of the embodiments as described herein.
Throughout this specification, the word “comprise”, or variations such as “comprises” or “comprising”, will be understood to imply the inclusion of a stated element, integer or step, or group of elements, integers or steps, but not the exclusion of any other element, integer or step, or group of elements, integers or steps.
The use of the expression “at least” or “at least one” suggests the use of one or more elements or ingredients or quantities, as the use may be in the embodiment of the disclosure to achieve one or more of the desired objects or results.
Any discussion of files, acts, materials, devices, articles or the like that has been included in this specification is solely for providing a context for the disclosure. It is not to be taken as an admission that any or all of these matters form a part of the prior art base or were common general knowledge in the field relevant to the disclosure as it existed anywhere before the priority date of this application.
LIST OF REFERENCE NUMERALS:
100 –Device
10 – Grid mains
20 – Alternative power source
30– Junction box
40a-n– Loads
102 – Monitoring unit
104 – Control unit
106–Switching means
202 – Display
204 – Communication port
206– Indicators
300 – Central Controlling device
302 – Analytical Component
304 – Computational Component
306 – Processing Component
308 – Repository
An electrical device for power source selection of the present invention is described henceforth. Referring to FIG.1, the device (100) is connected to loads(40a-n) which is to be supplied power from multiple power sources. The loads(40a-n), either a single or plurality of loads are selected from residential, commercial, or an industrial load. The device (100) is connected to at least two sources of power. For example, the device (100) is connected to the grid mains (10) via a junction box (30) and an alternative source of power (20). In one embodiment, the alternative source of power (20) is at least one renewable power source such as solar power, wind power, and hydro power. Accordingly, the alternative power source (20) comprises at least one solar panel, a wind turbine generator, and a hydro generator. The alternative power source (20) further comprises one or more converters, rectifiers, and inverters to facilitate generation of adequate power for supplying the loads(40a-n). In another embodiment, the alternative source of power (20) is a diesel generator or an energy storage system (ESS).
In a preferred embodiment of the present invention, the device (100) comprises of a monitoring unit (102), a control unit (104), and a switching means (106). The monitoring unit (102) is configured to monitor various parameters associated with the power received from the alternative power source (20). The parameters include, but are not limited to, voltage, current, power, and energy consumption of the loads(40a-n). Accordingly, the monitoring unit (102) includes current transformers (CTs), potential transformers (PTs), and measuring devices such as voltmeter, ammeter, energy meter, and the like. The control unit (104) comprises a memory and a processor. The memory is configured to store a pre-determined limit of energy consumption value for the load (40a-n) and a set of instructions based on pre-defined conditions/logic. Alternatively, the memory may be configured to receive a dynamic limit of energy consumption value for the load (40a-n) and a new set of instructions based on calculated conditions/logic from a central controlling device (300). The processor is configured to receive the monitored parameter values, and is further configured to execute the set of instructions stored in the memory or from the central controlling device to generate an actuating signal for controlling the switching means (106) based on the monitored parameter values and the pre-determined logic. The processor may be a general-purpose processor, a Field Programmable Gate Array (FPGA), an Application Specific Integrated Circuit (ASIC), a Digital Signal Processor (DSP), a Central Processing Unit (CPU), and/or the like. The switching means (106) is connected to the control unit (104) and receives the actuating signal from the control unit (104). Based on the received actuating signal, the switching means (106) selects either of the grid power (10) and the alternative source of power (20). Accordingly, the load (40a-n) is supplied power from either the grid (10) or the alternative power source (20). The device (100) includes an interface for facilitating the user or a central controlling device (300) to set the pre-determined limit of energy consumption value.
In the preferred embodiment, referring to FIG. 3, the processor is configured to cooperate with the monitoring unit (102) and the memory to receive the monitored energy value and the pre-determined energy consumption value, and is further configured to compare the received monitored energy value with the pre-determined energy consumption value. The processor is configured to generate the actuating signal when the monitored energy value becomes greater than or equal to the pre-determined energy consumption value. The switching means (106) is connected to the control unit (104). The switching means (106) switches from the alternative source of power (20) to the grid power (10) upon receiving the actuating signal from the control unit (104) without any time lag or delay. The switching means (106) is selected from the group consisting of a contactor, a relay, a circuit breaker, and the like. In an embodiment, the switching means (106) is a changeover switch such as a single pole double throw electrical switch. An exemplary pseudo code depicting the operation of the control unit (104) based on the above-mentioned logic is as follows:
Step 1: Read energy_consumption_power source 1;
Read pre-determined energy_consumption_limit;
Step 2: If (energy_consumption_power source 1 >= pre-determined energy_consumption_limit)
{
switch to power source 2;
}
Else
{
return to step 1;
}
Where power source 1 corresponds to alternative source of power (20) and power source 2corresponds to power from grid mains (10). This logic may be repeated every twenty-four hours (1 cycle = 24 hours) or every calendar month end or a dynamic time period as required for any specific purposes. For example, the device (100) may facilitate supply of a predetermined number of units of energy from the alternative power source (20) within a period of twenty-four hours and then shift the electrical load(40a-n) to the mains power supply (10), wherein the cycle resets every twenty-four hours.
In another embodiment, under normal conditions, a user receives power from an inverter connected to a solar panel through the device (100). The monitoring unit (102) of the device (100) monitors the real-time solar energy consumption of the consumer and generates a corresponding energy consumption value. The control unit (104) compares the monitored energy consumption value with the pre-determined energy consumption value. Assuming that the pre-determined solar energy consumption limit of the consumer is set to 50 units i.e. 50kWh, when the monitored energy consumption value becomes greater than or equal to the pre-determined energy consumption value i.e. 50 kWh, the control unit (104) generates the actuating signal for changing the position of the switching means (106) from alternative power source (20) to the grid power (10). Thus, the device (100) facilitates supplying only the prescribed amount of renewable/solar energy to the consumers. When the prescribed renewable/solar energy consumption limit is crossed, the users are supplied power from the grid mains (10). Each user can have a different prescribed renewable energy consumption limit. The device (100) helps in envisioning a prepaid power distribution system, wherein the consumers can buy the prescribed number of units of renewable energy (kWh) before consuming them. The device (100) also helps in envisioning an efficient renewable power distribution system, wherein the users can consume every kWh of Solar Energy generated, saving the consumer money, reducing loss of revenue and reducing the payback period of the entire renewable energy system.
In yet another embodiment, the control unit (104) is configured to facilitate selection of power source based on availability and quality of reliable power. An exemplary pseudo code depicting the operation of the control unit 104 based on the above-mentioned logic is as follows:
Step 1: Read P;
Read E;
Step 2: If (E> 0)
{
If (P>P_minimum, Vmin>V>Vmax, Imin>I>Imax)
{
switch to solar power;
}
Else
{
switch to grid power;
}
}
Else
{
switch to grid power;
}
Referring to an embodiment of FIG.2, the device (100) includes a display (202) for indicating the monitored values of voltage, current, power, and energy consumption. The device (100) further includes notification means such as indicators (206) for indicating the selected source of power.
In the preferred embodiment, the device (100) includes one or more communication port(s) (204) for facilitating integration with a battery management system (BMS), a data logger, a GSM (Global System for Mobile Communications) module, an RS485 port and an energy consumption or reset device. Accordingly, the device (100) facilitates remote control and indication of monitored parameters on a central controlling device (300). The device (100) is further configured by a cloud-based system/software through the central controlling device to send and receive data, update its pre-defined conditions/parameters, update its firmware, switch to a user-defined particular power source etc. The device (100) also includes manual changeover switches for manual selection of power source.
Thus, the device (100) is capable of routing power from multiple sources based on pre-defined conditions. In an example, one of the power supply sources is a grid mains power supply and another one is a solar energy-based power supply source routed through an inverter. The device (100) includes a changeover switch that shifts the power supply to an electrical load (40a-n) between the mains power supply and the solar energy-based power supply, based on said predefined conditions or dynamic conditions set by a central controlling device. For example, one condition is to supply a predetermined number of units of power from the solar energy-based source within a period of twenty-four hours and then shift the electrical load (40a-n) to the mains power supply, wherein the cycle resets every twenty-four hours. The predetermined number of units may be pre-paid for. Another example is to connect the electrical load (40a-n) with the solar energy-based source after determining that the solar energy-based source is potent enough to meet the demand of the electrical load (40a-n). The device (100) is provided with additional means such as current and voltage transformers to determine units of energy consumed during any given period, notification means such as LEDs to indicate the type of source (mains or solar) supplying the power in a given instant of time and manual changeover levers etc. An energy storage setup, such as that including batteries or capacitors, is also included to store energy generated by the solar energy-based source when it is not supplying power to the electrical load (40a-n.)
In an embodiment of the present invention, a system is disclosed for optimizing power distribution from multiple sources including power grid and renewable energy sources to multiple users through a common distribution point. The multiple users are from facilities such as a building, a residential complex, or a common commercial complex. The system consists of plurality of devices (100) associated with multiple users and a central controlling device (300). Each device (100) is configured to facilitate selection of at least one power source from the multiple power sources based on a pre-defined logic to deliver a pre-defined amount of power to the associated user. The central controlling device (300) is implemented as one or more microprocessors, microcontrollers, digital signal processors, central processing units, or any devices that manipulate signals based on defined instructions. The system further includes a repository (308) that contains a list of users in the respective facility, the trend or pattern of energy consumption associated with each of the users in the said facility, pre-defined limits of power consumption decided for each of the users, amount of energy rented by each of users that consume high amounts of energy, and amount of energy lent by the users that consume low amounts of energy in a tabular format.
The central controlling device (300) is coupled to plurality of devices (100) either remotely through wireless connections or by wired connections. The central controlling device (300) comprises an analytical component (302), a computational component (304), and a processing component (306). The analytical component (302) monitors the parameters of energy consumption associated with each of the devices (100). Further, the analytical component (302) also analyzes the monitored values of the parameters to determine the outlines and patterns of the energy consumption by each of the users. The computational component (304) collaborates with the analytical component (302) to receive the analyzed energy consumption patterns of each of the users. The computational component (304) classifies all the users either as high power consumption users or low power consumption users based on the analyzed patterns of energy consumption or by machine learning techniques. For example, the user that has exceeded the pre-defined limit of power for that user is classified as the high power consumption user and a user that has not exceeded pre-defined limit of power for that user is classified as the low power consumption user.
The processing component (306) collaborates with the computation component (304) to generate a triggering signal to control and regulate the working and maneuver of the devices (100) such that the energy is circulated to the high power consumption user from the surplus energy available with the low power consumption user. This enables the perception of sharing the surplus unused power available with the low power consumption user to the high power consumption user, thereby allowing the low power consumption users to avail economic benefits on the basis of the lent energy consumption value.
The repository (308) collaborates with the central controlling device (300) to store the used power, extra or surplus power exported by the low power consumption user to the high power consumption user, power required from the high power consumption user, for pre-determined time intervals including but not limited to monthly, quarterly or annually.
The foregoing description of the embodiments has been provided for purposes of illustration and not intended to limit the scope of the present disclosure. Individual components of a particular embodiment are generally not limited to that particular embodiment, but, are interchangeable. Such variations are not to be regarded as a departure from the present disclosure, and all such modifications are considered to be within the scope of the present disclosure.
TECHNICAL ADVANCES AND ECONOMICAL SIGNIFICANCE
The present disclosure described herein above has several technical advantages including, but not limited to, the realization of an electrical power control device that:
• that enables distribution of power to an individual tenant who is part of a society comprising of multiple sub tenants from multiple sources through a common distribution point;
• facilitates distribution of a pre-determined amount of renewable power to each consumer;
• facilitates setting a limit on amount of renewable power to be distributed to each consumer;
• facilitates switching between multiple sources of energy based on a pre-determined logic;
• is capable of delivering a prepaid amount of renewable energy to the consumers;
• can monitor energy delivered to a consumer from a renewable source, battery, DG and the grid source;
• efficiently distributes power from multiple sources such as the grid, a solar panel, a wind turbine, and a diesel generator;
• reduces the amount of energy needed from a utility company;
• can safely balance the use of renewable power and grid power to meet a common load; and
• can efficiently distribute all of the renewable energy generated to all of the users
• It can be remotely upgraded, controlled and monitored from a cloud-based solution/software through a central controlling device.
• is easy to install.
The disclosure has been described with reference to the accompanying embodiments which do not limit the scope and ambit of the disclosure. The description provided is purely by way of example and illustration.
While considerable emphasis has been placed herein on the components and component parts of the preferred embodiments, it will be appreciated that many embodiments can be made and that many changes can be made in the preferred embodiments without departing from the principles of the disclosure. These and other changes in the preferred embodiment as well as other embodiments of the disclosure will be apparent to those skilled in the art from the disclosure herein, whereby it is to be distinctly understood that the foregoing descriptive matter is to be interpreted merely as illustrative of the disclosure and not as a limitation.
,CLAIMS:We claim,

1. An electrical device (100) for selection of power source from multiple power sources, connected to load (40a-n), to the grid mains (10) via a junction box (30) and an alternative source of power (20),
characterized in that
the device (100) comprises of a monitoring unit (102) to monitor various parameters associated with the power received from the alternative power source (20), a control unit (104) comprising a memory and a processor, and a switching means (106) connected to the control unit (104) and receiving the actuating signal from the control unit (104);
such that memory is configured to store a pre-determined limit of energy consumption value for the load (40a-n) and a set of instructions based on pre-defined conditions and the processor is configured to receive the monitored parameter values, and is further configured to execute the set of instructions stored in the memory; and
such that the processor is configured to cooperate with the monitoring unit (102) and the memory to receive the monitored energy value and the pre-determined energy consumption value, and is further configured to compare the received monitored energy value with the pre-determined energy consumption value and generate actuating signal when the monitored energy value becomes greater than or equal to the pre-determined energy consumption value which is received by the switching means (106) that switches from the alternative source of power (20) to the grid power (10) without any time lag or delay thereby facilitating supply of only prescribed or predetermined amount of renewable energy to the users; and
a plurality of said devices (100) associated with the multiple said users are coupled with a central controlling device (300) for optimizing power distribution from multiple sources including power grid and renewable energy sources to multiple said users through a common distribution point.
2. The electrical device as claimed in claim 1, wherein the alternative source of power (20) is selected from renewable power source such as solar power, wind power, and hydro power, converters, rectifiers, and inverters and the alternative power source is selected from solar panel, a wind turbine generator, a hydro generator, a diesel generator and an energy storage system (ESS).
3. The electrical device as claimed in claim 1, wherein the monitoring unit (102) monitors the parameters selected from voltage, current, power, and energy consumption of the load (40a-n) and includes current transformers (CTs), potential transformers (PTs), and measuring devices such as voltmeter, ammeter, energy meter.
4. The electrical device as claimed in claim 1, wherein the processor is selected from a general-purpose processor, a Field Programmable Gate Array (FPGA), an Application Specific Integrated Circuit (ASIC), a Digital Signal Processor (DSP), a Central Processing Unit (CPU).
5. The electrical device as claimed in claim 1, wherein the switching means (106) is selected from a contactor, a relay, a circuit breaker, and a changeover switch such as a single pole double throw electrical switch.
6. The electrical device as claimed in claim 1, wherein the cycle for switching between the power sources is selected from twenty-four hours, calendar month end and a dynamic time period as required for any specific purposes.
7. The electrical device as claimed in claim 1, wherein monitoring unit (102) of the device (100) monitors the real-time solar energy consumption of the consumer and generates a corresponding energy consumption value and the control unit (104) compares the monitored energy consumption value with the pre-determined energy consumption value.
8. The electrical device as claimed in claim 1, wherein the control unit (104) is configured to facilitate selection of power source based on availability of reliable power.
9. The electrical device as claimed in claim 1, wherein the device (100) includes a display (202) for indicating the monitored values of voltage, current, power, and energy consumption and notification means such as indicators (206) for indicating the selected source of power, and one or more communication port(s) 204 for facilitating integration with a battery management system (BMS), a data logger, a GSM (Global System for Mobile Communications) module, an RS485 port and an energy consumption or reset device to facilitate remote control and indication of monitored parameters on a remote device.
10. The electrical device as claimed in claim 1, wherein the device (100) includes manual changeover switches for manual selection of power source and is capable of routing power from multiple sources based on pre-defined conditions.
11. The electrical device as claimed in claim 1, wherein the plurality of said devices (100) are coupled with a central controlling device (300) that comprises of
• an analytical component (302) that monitors the parameters of energy consumption associated with each of the devices (100) and also analyzes the monitored values of the parameters to determine the outlines and patterns of the energy consumption by each of the said users;
• a computational component (304) that collaborates with the analytical component (302) to receive the analyzed energy consumption patterns of each of the users and classifies all the users either as high power consumption users or low power consumption users based on the analyzed patterns of energy consumption or by machine learning techniques;
• and a processing component (306) that collaborates with the computation component (304) to generate an triggering signal to control and regulate the working and maneuver of the devices (100) such that the energy is circulated to the high power consumption user from the surplus energy available with the low power consumption user thereby enabling the sharing of surplus unused power available with the low power consumption user to the high power consumption user, and allowing the low power consumption users to avail economic benefits on the basis of the lent energy consumption value.