US Patent 8024077 Smart transformer

The present invention provides a system and computer program product for implementing a smart transformer, comprising a processor, and a balancing algorithm residing on the processor, wherein the balancing algorithm is stored on a non-transitory computer readable medium having computer executable program code embodied thereon, the computer executable program code configured to cause the system to monitor and control an electric customer load and generation in order to optimize the performance of a distribution transform wherein the processor receives a plurality of system inputs and uses the balancing algorithm to determine a rating of the transformer and an amount of customer load.