IoT Based Smart Energy Monitoring System

1. IoT IoT Based Based Smart Smart Energy Energy Monitoring Monitoring System System Energy is a precious resource especially now and moving forward when most of our energy sources are mostly fossil fuels are depletable or nature dependent. We often come across situations smart monitoring system where excess energy is used up or rather wasted when no one is utilizing it. This brings us the need to conserve the energy and manage it efficiently. As goes the saying, “You cannot manage what you don’t measure”. Energy usage should be systematically recorded and analyzed to increase energy efficiency. The only way you can work toward global climate goals is to monitor your consumption and reduce it sustainably. By monitoring energy consumption, and having access to usage data, you can manage your consumption behavior and ultimately reduce costs and emissions. This is where technology can be deployed to enhance sustainability for future generations. Internet of Things (IoT) interconnects devices, people, data, and processes, by allowing them to communicate with each other seamlessly. Hence, IoT can prove to be a gamechanger if utilized to proactively monitor energy consumption, increase the share of renewable energy, and reduce environmental impacts of the energy use. Energy monitoring is primarily a management technique that uses energy information from the devices, as a basis to eliminate waste, reduce and control current level of energy use and improve the existing operating procedures. It involves tracking, recording and visualizing energy consumption, which can be across an entire facility or right down to an asset. With smart building iot solutions a wide range of industry applications, IoT-based real-time energy monitoring solutions enable you to make more informed business decisions, to achieve greater operational efficiency, and fair usage of energy resources for future generations.