System and method for energy forecasting based on indoor and outdoor weather data

A method for energy forecasting comprising:

• receiving a setpoint temperature;
• receiving an indoor weather parameter;
• receiving an outdoor weather parameter;
• receiving a water usage parameter;
• and
• predicting an energy usage and a water usage of a structure based on the setpoint temperature, the indoor weather parameter, the water usage parameter, and the outdoor weather parameter.

A system for energy forecasting, the system comprising:

• a controller programmed to predict an energy usage and water usage of a structure;
• utility monitoring equipment configured for receiving energy usage data of at least one individual device and water usage data, the controller configured to receive and integrate the energy usage data;
• an interface configured to receive an input from a user to identify activation of one of the at least one individual device and transmit it to the controller;
• and
• wherein the controller is configured to match a change in the energy usage data received from the utility monitoring equipment with the input from the interface and to predict water usage of the structure based on the energy usage data and water usage data.