Introduction to and Evaluation of Home Energy Management Systems (HEMS)

This paper, in particular, explores home energy management system (HEMS) literature for methods and criteria to determine the effectiveness of various HEMS architectures and applications. By tailoring these findings to analyzed load profile data, this paper presents meaningful opportunities where residential consumer energy technology can create value both now and in the future to lower energy use at certain times of the day, match demand with renewable resources on the grid, and evolve capabilities to create a consumer home energy management market. This paper will further emphasize the benefits of using HEMS technology by discussing what a HEMS is, the different business services and applications it provides, how it relates to an average household, and the comparative advantages between the Northeast and West geographic regions and hot and cold climates