A Gradient Boosting Algorithm to Predict Energy Consumption for Home Applications

Energy-efficient solutions are in high demand in today's fast-developing technological environment, necessitating the use of sophisticated predictive modeling methods. Conventional forecasting systems have problems given the particular aspects related to home demand for energy. As a consequence, new strategies are constantly being created for more accurately foreseeing future occurrences. Weather, user habits, and advancements in technology interfere with precise forecasts even more. This study provides a novel application of the Gradient Boosting approach to solve such obstacles and enhance energy use prediction for residential applications. Through utilising the electrical energy of Extreme Gradient Boosting (XGBoost) and Light Gradient Boosting Machine (LightGBM), the suggested method takes into account prior use patterns, appliance-specific data, and external factors like as climate. The model's response to changes in the actual world provides exact estimates, providing homeowners with the information they require to make energy-saving decisions. This method also investigates the comprehending of Gradient Boosting models, showing key characteristics that affect energy usage patterns. Stakeholders focus heavily on interpretability to make informed decisions with regard to ways to save energy and resource allocation.