The document proposes an architecture for a smart grid solution at the consumer end. It consists of two main components:
1. A Power Hub, which is an advanced utility meter that records electricity usage details. It communicates with Slaves and implements functions like time-based pricing, load shedding policies, and energy market transactions.
2. Slaves, which are smart switches that connect appliances and control them based on instructions from the Power Hub. Slaves assume unique IDs for connected appliances.
The architecture aims to integrate with existing infrastructure using power line communication between the Hub and Slaves. This allows for applications like prepaid billing, demand response, and a flexible load management system.