Future Electricity Consumption Prediction of Household Using Prophet-GRU Hybrid Model

The Electricity Consumption Monitor and Predictor with Current Sensor Integration is an approach to solving the widespread problem of consumers not being aware of the precise amount of electricity used by individual electrical gadgets. Through the use of hardware- integrated Hall effect current sensor technology, ECMP provides users with real- time information regarding the amount of electricity used by each device. It also notifies users when pre- established consumption criteria are surpassed. By giving customers control over their energy usage habits, this ground- breaking solution encourages sustainable behaviours. ECMP, which can be accessed through a secure website with unique login credentials, provides comprehensive insights on the power consumption profiles of specific devices, empowering users to make educated decisions regarding their usage patterns. Apart from offering instantaneous insights, ECMP utilizes sophisticated forecasting algorithms to anticipate future electricity consumption rates by analysing extensive meter data. Users are empowered to anticipate and proactively manage future swings in energy usage thanks to these forward- looking capabilities. In addition, ECMP makes use of its data analytics platform to produce tailored suggestions meant to reduce unnecessary energy use. These recommendations, which are based on an abundance of previously acquired meter data, provide individuals looking to optimize their energy usage with useful and actionable insights.