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In this paper a low cost real-time ARM-based energy management system is proposed. It is conceived as part of a distributed system that measures the main power system quantities and give the possibility to manage the whole power plant. An integrated Web Server allow to collect the statistics of power consumptions, power quality and is able to interface devices for load displacement. The device is characterized by easy access to the information and the combination of a smart meter and data communication capability allow local and remote access. In this way it is possible to manage the power consumption of the power system leading to an overall reduction in consumption and costs.