A Novel IoT based Smart Energy Meter for Residential Energy Management in Smart Grid Infrastructure

The increased energy consumption followed by development in renewable energy generation have resulted in tremendous challenge to energy industry. Pursuing the requirement of increased energy efficiency have resulted in the research and development of intelligent energy networks as the future energy network. Smart Electricity Energy Meters can be considered as the basic fundamental component of the future intelligent network or smart grid, measuring the energy flow and exchanging information on energy consumption between utilities and consumers and also monitoring and controlling home appliances and devices with consumer information. In this paper, the authors propose an IoT based Smart Energy Meter with Arduino and ESP8266 Wi-Fi unit which can provide information of electricity bill by SMS or E-mail and can also provide energy monitoring usage anytime and anywhere in the world.