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The study suggests a scalable method for estimating residential power usage. To increase the forecasting accuracy, an SVM (support vector machine) based technique combines many machine learning models, such as random forests, decision trees, and linear regression. Real-world data from Dutch families were used in the study, and the findings demonstrate that the suggested strategy performs better than conventional single-model techniques and attains higher accuracy in predicting energy use. The method is suited for usage in real-world applications since it is scalable and applies to huge datasets. An approach for machine learning used in load forecasting is called SVM (Support Vector Machine). Applications for long-term individual household forecasting include calculating advance payments to customers. However, there is a dearth of research on this type of forecasting; most techniques either concentrate on long-term predictions at the aggregate level or on individual family-level short-term projections. In order to close this distance, we provide a technique that uses only a few months' worth of current year's consumption data to anticipate each monthly consumption throughout the next year. Even with little data, utility suppliers may use this technique to predict any customer's consumption for the upcoming year. Data power use in the future may be predicted using linear regression. The linear regression process is used to forecast data in the future.
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Selvam et al. (2024) studied this question.
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