Smart Run Time Electricity Bill Calculation using LabVIEW

Usage of Electricity is gradually increasing in day-to-day life. Normally Electrical energy consumed in homes and Industries are measured using the energy meter. In the growing technology, the methodology of measuring the energy and bill calculation should be in a smarter way. The traditional method of billing system using the energy meter needs skilled person to calculate the energy and for the billing. In this paper it is proposed a smart way to measure energy using LabVIEW software for the real time energy measurement. Also, it is possible to measure the following parameters- Power factor, KWH, Voltage, Current, Frequency and Bill amount as on date. LabVIEW system integrated with DAQ hardware to measure the voltage and current. The developed system calculates electricity consumption according to the power factor (unity, leading and lagging) and generates the bill under multi-tariff structure.