Abstract: A system for optimizing utility usage is described. The system comprises a monitoring device adapted to be connected to a utility point, a utility consuming device and a central processing unit (CPU). The monitoring device is configured to regulate utility usage information of the utility consuming device and is further configured to assign a unique identifier to the monitoring device. The monitoring device comprises a measurement circuit for measuring utility usage information, wherein the measurement circuit is coupled to the utility point. The monitoring device is configured to communicate with the CPU, wherein the monitoring device is configured to transmit utility usage information of the utility consuming device to the CPU on the unique identifier and wherein the monitoring device is configured to receive utility usage information of the utility consuming device and wherein the CPU is configured to process the utility usage information based on the unique identifier.