Abstract: A smart power outlet and/or power strip can be comprised of any number of active receptacles and deliver any voltage/power rating. The power outlet and power strip relays standby power loss data to a base station via power line communication or another means of wired or wireless communication that minimizes the cost of electrical components. The base station connects to a local area network as a means to communicate power loss data to mobile electronic devices, such as smartphones, and also connects to a Software as a Service (SaaS) based web application. The base station allows a user to access the standby power loss data from a mobile application or an Internet-based SaaS application, to monitor and control energy usage and standby power loss. The base station also allows the user to receive recommended management steps to minimize standby power loss in a home or business.