On adaptable smart home energy systems

With the present residential electricity usage pattern, the power grid is not efficiently utilized. To avoid the need of grid expansion as a result of increasing power demand, a framework that works on behalf of both power utilities and consumers is needed. Such a framework consisting of a trustworthy adaptable smart home energy system and electricity contracts is presented. The system adapts energy usage in the home according to factors such as electricity prices, electricity contracts, and electricity usage control requests from the power utilities. The proposed contract defines pricing elements as well as the well-being of the consumer, comprising comfort and freedom to use electricity.