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The evolution of the smart grid has enabled residential users to manage the ever-growing energy demand in an efficient manner. The smart grid plays an important role in managing this huge energy demand of residential households. A home energy management system enhances the efficiency of the energy infrastructure of smart homes and provides an opportunity for residential users to optimize their energy consumption. Smart homes contribute significantly to reducing electricity consumption costs by scheduling domestic appliances effectively. This residential appliance scheduling problem is the motivation to find an optimal appliance schedule for users that could balance the load profile of the home and helps in minimizing electricity cost (EC) and peak-to-average ratio (PAR). In this paper, we have focused on appliance scheduling on the consumer side. Two novel home energy management models are proposed using multiple scheduling options. The residential appliance scheduling problem is formulated using the multiple knapsack technique. Serial and parallel scheduling algorithms of home appliances namely MKSI (Multiple knapsacks with serial implementation) and MKPI (Multiple knapsacks with parallel implementation) are proposed to reduce electricity cost and PAR. Price-based demand response techniques are incorporated to shift appliances from peak hours to off-peak hours to optimize energy consumption. The proposed algorithms are tested on real-time datasets and evaluated based on time of use pricing tariff and critical peak pricing. The performance of both the algorithms is compared with the unscheduled scenario and existing algorithm. Simulations show that both proposed algorithms are efficient methods for home energy management to minimize PAR and electricity bills of consumers. The proposed MKSI algorithm achieves cost reduction of 20.26% and 42.53% for TOU and CPP, respectively as compared to the unscheduled scenario while PAR is reduced by 45.07% and 39.51% for TOU and CPP, respectively. The proposed MKPI algorithm achieves 22.33% and 46.36% cost reduction compared to the unscheduled case for TOU and CPP while the PAR ratio is reduced by 46.47% and 41.16% for TOU and CPP respectively. [ABSTRACT FROM AUTHOR]

The residential sector is a major contributor to the global energy demand. The energy demand for the residential sector is expected to increase substantially in the next few decades. As the residential sector is responsible for almost 40% of overall electricity consumption, the demand response solution is considered the most effective and reliable solution to meet the growing energy demands. Home energy management systems (HEMSs) help manage the electricity demand to optimize energy consumption without compromising consumer comfort. HEMSs operate according to multiple criteria, including electricity cost, peak load reduction, consumer comfort, social welfare, environmental factors, etc. The residential appliance scheduling problem (RASP) is defined as the problem of scheduling household appliances in an efficient manner at appropriate periods with respect to dynamic pricing schemes and incentives provided by utilities. The objectives of RASP are to minimize electricity cost and peak load, maximize local energy generation and improve consumer comfort. To increase the effectiveness of demand response programs for smart homes, various demand-side management strategies are used to enable consumers to optimally manage their loads. This study lists out DSM techniques used in the literature for appliance scheduling. Most of these techniques aim at energy management in residential sectors to encourage users to schedule their power consumption in an effective manner. However, the performance of these techniques is rarely analyzed. Additionally, various factors, such as consumer comfort and dynamic pricing constraints, need to be incorporated. This work surveys most recent literature on residential household energy management, especially holistic solutions, and proposes new viewpoints on residential appliance scheduling in smart homes. The paper concludes with key observations and future research directions. [ABSTRACT FROM AUTHOR]