Abstract: A method of managing and modulating in real time the electrical consumption of a set of consumers, includes measurement in real time of the electrical consumption of a plurality of targeted sets of electrical equipment in operation, each set of equipment being situated in the home of a consumer, the measurement of the consumption of such equipment being performed by means of an electrical regulation module situated in the home of the consumer. The consumption measurements are transmitted by the modules to a central server. If a global setpoint, at a given moment, indicates that a certain total power should be cancelled, sending by the server, to certain of the modules, the instruction to selectively and temporarily cut the electrical power supply to the electrical equipment. Instruction sent by the server are received and executed by these modules.