Home Energy Management System

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Home Energy Management System

Equipment and services that optimize energy use in a residential setting while maintaining comfort. A HEMS includes smart appliances, home gateways, smart meters, and information exchange with local utilities via a smart grid.

Source:

http://www.aeris.com/iot-dictionary/

References:

https://en.wikipedia.org/wiki/Energy_management_software

https://en.wikipedia.org/wiki/Energy_monitoring_and_targeting

https://en.wikipedia.org/wiki/Energy_management_system