Virtual Electric Inc.

Virtual Electric Inc. is a company that holds patents related to electrical power accounting and virtual power generation collectives. One patent describes a method for tracking and accounting electricity contributions and/or consumptions from distributed generation facilities. Another patent details a method and apparatus to form a virtual power generation collective from a distributed network of local generation facilities. The company also holds patents for multi-function electronic payment devices designed to emulate credit card behavior.

Virtual Electric Inc. appears in our patent litigation database as a defendant in one case before the Patent Trial and Appeal Board (PTAB). This indicates that the company is defending its patents or challenging the patents of another entity, rather than actively asserting its own patent portfolio as a plaintiff. The PTAB handles challenges to the patentability of claims in an issued patent.