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A general framework for customized transition to smart homes

Michael David De Souza Dutra (michaeldavidsd***at***gmail.com)
Miguel F. Anjos (miguel-f.anjos***at***polymtl.ca )
Sébastien Le Digabel (sebastien.le-digabel***at***polymtl.ca )

Abstract: Smart homes have the potential to achieve efficient energy consumption: households can profit from appropriately scheduled consumption. By 2020, 35% of all households in North America and 20% in Europe are expected to become smart homes. Developing a smart home requires considerable investment, and the householders expect a positive return. In this context, we address the following question: what and/or when equipment should be bought for a specific site to gain a positive return on the investment? We propose a framework to guide the smart-home transition considering customized electricity usage. The framework is based on linear models and gives a payback analysis of each combination of equipment acquisition for a specific user. The results quantify the dependence of the payback on the site and the application.

Keywords: Smart Home, Energy Management System, Payback, Return on Investment.

Category 1: Applications -- Science and Engineering (Smart Grids )


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Entry Submitted: 01/28/2019
Entry Accepted: 01/28/2019
Entry Last Modified: 01/28/2019

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