Energy Management And Analysis For Smart Homes Using IoT

The increasing load on conventional sources of energy and the alarming rate at which fossil fuels are depleting called for a shift towards renewable sources of energy. The past decade has kindled the era of solar panels for home use in a time of global climate change. However, solar panels cannot operate at maximum efficiency all the time. There will be certain days when a grid connection is necessary to fully cover the power usage. This paper proposes energy management and analyzing system that aims to optimize energy supply from solar energy and grid supply and minimize energy expenses by smartly switching between the two sources of energy, forming an essential component of a smart grid system. Switching between power supplies is done to draw power from the source which is more efficient in terms of cost and balancing energy supply at a given time. The system analyses the energy consumption routine of the model and ensures efficient energy supply.