Development of Smart Energy Meter for Energy Cost Analysis of Conventional Grid and Solar Energy

TLDR: The developed energy meter can control the energy supply and usage of the consumers accurately based on load requirement and can calculate the cost of power consumption of convection grid and solar energy so the consumer will get a clear idea about the costs of their usage.

Abstract: This paper focuses on the development of a smart energy meter that can monitor the energy usage of different appliances. A smart energy meter is a digital electric meter that measures the electricity generation, consumption and provides other additional features such as advanced billing system and high accuracy which makes it more advantageous than the traditional energy meter. The proposed smart meter model is verified by designing an appropriate circuit and associated hardware. The hardware is designed using a microcontroller PIC16F877, current and voltage transformer, voltage regulator 7805, solar panel, solar charge controller and inverter. The developed energy meter can control the energy supply and usage of the consumers accurately based on load requirement. In addition, the meter can calculate the cost of power consumption of convection grid and solar energy. Thus, the consumer will get a clear idea about the costs of their usage. Hence, the proposed metering system is more advantageous than the traditional metering system which will reduce the manpower, cost and time.