Systems and methods are described herein for managing the operations of a microgrid module. The microgrid module includes transformers and/or power converters necessary for modifying the input AC or DC power sources to meet the required characteristics of the output power. The microgrid module further comprises a power management software module and a control software module installed on a microgrid computer. The power management software module receives business parameters such as prices from power contracts. The power management software module uses the parameters to create rules for applying to the operation of the microgrid module. The rules the power management software module creates are stored locally at the microgrid computer so that they can be quickly accessed by a control software module. The control software module uses the rules in combination with data collected from sensors installed in the physical circuitry layer of the microgrid module to control the operations of the microgrid module.