An automatic local electric management system provides a comprehensive method and apparatus for consumers to more efficiently use energy. The system includes an intelligent service panel, numerous smart connectors, and system operation software. The intelligent service panel comprises microcontrollers, program controlled circuit breakers, sensors, and various interface and control circuits. By automatically monitoring power consumption and dynamically controlling the power connection to the grid and branch power lines, the intelligent service panel reduces unnecessary power consumption, eliminates the need for the subservices panel, the transfer switch, and additional wiring that is required for installing a local generator or renewable energy electric system. A smart connector can be used to monitor and control the power consumption of the appliance individually. The system operation software enables the intelligent service panel to communicate with smart appliances, smart connectors, local computer, remote servers, or the utility grid.