Automating time based Household electricity Bill Calculations for Efficient Budgeting

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This is an unedited manuscript accepted for publication and provided as an Article in Press for early access at the author’s request. The article will undergo copyediting, typesetting, and galley proof review before final publication. Please be aware that errors may be identified during production that could affect the content. All legal disclaimers of the journal apply.

Year : 2026 | Volume : 04 | 01 | Page :
    By

    Ravikant Keshav Nanwatkar,

  • Bhosale Sakshi Annasaheb,

  • Kasturi Sanjay Shirbhate,

  • Dhande Dipti Vinod,

  • Vaishnavi Satish Kadam,

  1. Assistant Professor, Department of Mechanical Engineering, STES’s NBNSTIC, Ambegaon, Pune, Maharashtra, India
  2. UG Student, Department of Mechanical Engineering, STES’s NBNSTIC, Ambegaon, Pune, Maharashtra, India
  3. UG Student, Department of Mechanical Engineering, STES’s NBNSTIC, Ambegaon, Pune, Maharashtra, India
  4. UG Student, Department of Mechanical Engineering, STES’s NBNSTIC, Ambegaon, Pune, Maharashtra, India
  5. UG Student, Department of Mechanical Engineering, STES’s NBNSTIC, Ambegaon, Pune, Maharashtra, India

Abstract

Recurrent household expenses must be precisely, in time, and openly tracked to make efficient household budgeting. Conventional monthly billing performance tends to delay the financial information, which results in the inefficient cash flow management and inability to modify short-term expenditure patterns. The proposed research is a system to automatize the calculation of household bills per week in order to deliver more frequent and practical insights into the household spending habits. The suggested model is used to gather and process consumption information related to electricity, water, gas, and internet on a weekly basis, which allows the user to monitor costs more closely and make sound financial decisions. The system combines data processing algorithms with a user-friendly interface to create itemized weekly bills, forecast the expenses, and abnormal behavior of consumption. We use simulation and case studies to show that weekly billing is more advantageous to financial awareness and helps adopt more responsive budgeting strategies. Implementation issues, data-related concerns, and possible integration with smart meters and systems based on IoT are also discussed in the paper. We find that the routine household bill calculation automation has a great deal of impact on short-term financial planning and encourages prudent.

Keywords: Weekly Household Billing, Automated Expense Tracking, Financial Planning and Budgeting, Smart Meter and IoT Integration, Consumption Monitoring System

How to cite this article:
Ravikant Keshav Nanwatkar, Bhosale Sakshi Annasaheb, Kasturi Sanjay Shirbhate, Dhande Dipti Vinod, Vaishnavi Satish Kadam. Automating time based Household electricity Bill Calculations for Efficient Budgeting. International Journal of Electrical Power and Machine Systems. 2026; 04(01):-.
How to cite this URL:
Ravikant Keshav Nanwatkar, Bhosale Sakshi Annasaheb, Kasturi Sanjay Shirbhate, Dhande Dipti Vinod, Vaishnavi Satish Kadam. Automating time based Household electricity Bill Calculations for Efficient Budgeting. International Journal of Electrical Power and Machine Systems. 2026; 04(01):-. Available from: https://journals.stmjournals.com/ijepms/article=2026/view=243301


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Ahead of Print Subscription Review Article
Volume 04
01
Received 27/03/2026
Accepted 03/04/2026
Published 09/05/2026
Publication Time 43 Days


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