Analyzing the Energy Consumption of Smart Home and Price Prediction

Internet of Things Smart Home Machine Learning Consumption prediction

Authors

  • Milka Kutseva Department of Computer Systems and Technologies, Technical University of Sofia, Plovdiv branch, 25, Tzanko Dustabanov, 4000 Plovdiv, Bulgaria
May 2, 2024
May 7, 2024

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This paper describes a system that is used to gather data from Smart Home sensors measuring energy consumption, analyze and predict future consumption by using machine learning algorithm for prediction. It focuses on the architecture of the system as well as the need for such system to exist in practice – why the consumption should be measured at all and how that measurement can be put to good use for achieving energy efficiency.