The invention discloses a home energy management system. The home energy management system comprises a two-way metering module, an electric power cloud identification module, an energy management module, an electric power conversion module, an integrated fault monitoring module, a home management module, a security and protection monitoring module, a multi-communication module and a display module. The home energy management system can effectively ensure household electricity safety and improve household energy efficiency, achieves information exchange of intelligent home and intelligent remote control devices through the multi-communication module, supports query and control of household energy efficiency states through various terminals, such as mobile phones, WeChat and PC, effectively replaces multiple equipment, such as traditional household distribution boxes, routers, energy efficiency terminals and various controllers and has broad application prospects.