Electricity is the basic needs of our life and one cannot think of a world without electricity. In the existing meter reading technology, the meter reading process is done by the help of labor force. But this methodology is subjected to many disadvantages like errors throughout calculation, absence of consumer throughout billing time and additional expenses for the billing method. Existing work aims to reduce the labor force for the billing. An energy measurement through wireless smart meter using IoT is proposed for automatic meter data collection, gives announcement through messages displayed on LCD and energy auditing. To overcome this problem IoT based smart electric meter is developed as proposed project.