IOT BASED SMART ENERGY TRACKING SYSTEM
The motivation to manage energy usage at residential home is influenced by the continuous evolution of smart grid technology and economics environmental condition. The evolution of smart grid technology will allow consumers to make more informed decisions about their energy consumption, adjusting both the timing and quantity of their electricity use. This demand side management offers the promise of cutting costs for commercial customers, saving money for households and helping utilities operate more efficiently in turn reducing emissions of green house gases. This paper proposes a IOT based energy monitoring and controlling system that can monitor energy usage by measuring voltage and current of different appliances continuously or during the peak periods in a residential house and have control over the overall loads consumption on priority of the devices when the consumption of the residential house exceeds the preset threshold limit thereby reducing their energy consumption overall. Furthermore this can also determine whether an appliance is drawing unusually high amounts of power than its rated power consumption. In this way electricity consumption and cost can also be reduced. These consumptions are displayed through GSM module and webpage display.
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