Abstract:
Energy is the driving force that runs the world. The current influence of energy is growing
faster, and people are finding different ways to explore this energy. IoT is popular nowadays.
The importance of the Internet of Things in the current energy management system can be
explained by a practical example. This converts to IoT in general terms of energy management
systems and then converts energy prediction and power factor monitoring. The power factor
measurement system is used to monitor the consumed power factor, and the energy bill is a
prediction of the cost amount used. Personalized energy bill prediction provides real-time
energy bill predictions for us. This system can support a new approach to energy conservation,
which uses real-time data and analysis to guide decisions about energy use. Different time
frames can be selected depending on one’s personal characteristics.