IoT based energy management for residential area

One of the major challenges in today's electric grid is the ability to meet the rising energy demands. This work presents a conceptual model that closes the cycle between the electric utility and residential consumers through defining rules and objectives that govern the behavior of the planning and distribution in the electric grid. Each home appliance, utility server, homeowner, and operator is considered as an object with a unique address. A prototype is implemented and tested to proof the concept.