Abstract
<span lang="EN-US">Smart technologies enable the significant participation of consumers in demand-side management programs. In this paper, the management of electrical energy consumption for a set of residential houses in a microgrid by a load aggregator for a 24-h planning horizon is studied. In this study, consumption management programs are implemented on controllable equipment by sending binary codes by the load aggregator via the internet of things (IoT) infrastructure to residential sockets. To increase the level of customer convenience and provide more flexibility for consumers to participate in demand response programs, a parameter called the value of lost load (VOLL) has been introduced. According to the results, in addition to no need to use the energy management system for each residential house, only by moving shiftable loads to off-peak hours, 18.34% of energy consumption costs are saved daily. Also, from the load aggregator’s viewpoint for every 10% change in status from normal to the scheduled priority, there is a reduction of about 3.4% in the consumer’s peak-load cost. If solar arrays and storage resources are used, more than 18% of the total consumption cost can be saved.</span>
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