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In this day and age of rapid technological development it is necessary to to stay updated with all the new advancements. One such application of technology is using IOT interfaced to our energy meters making them smart energy meters. This project focuses on the integration of IOT with the energy meters and also recording, calculating the bill for the energy consumed. This smart meter replaces the bi-channel communication of meter to consumer and meter to utilities to a single channel communication between the meter and cloud. This facilitates the data access to the energy utilities and the consumers anywhere at any time of the day. The additional element is the load management algorithm that detects fault and separates the load thereby, protecting the consumer from any transients like over voltage, over current simultaneously sending an alert to the mobile whenever such abnormal conditions exist. This enables the customer to keep a track of their energy consumption and monitor all the parameters.