Abstract
Smart home is an important application of Internet of Things (IoT) that utilizes the Internet to monitor and control appliances in a home automation system by providing security, energy efficiency, low operating costs, convenience etc. The installation of smart products allows the user to monitor and control energy usage in new ways which leads to reduce energy wastage of the system. It is possible to analyze the usage of electricity in a smart home and creating an efficient power consumption analysis system using the data retrieved. Proposed system analyses the real-time electrical energy consumption of a smart home and will forecast the future power consumption using ARIMA model which gives better results for the time-series data analysis. This system aims is to predict the future electricity consumption for some services in smart homes in an efficient way.
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