An electronic device operative to monitor and control processes and operations based on the power cost of those processes and operations are provided. The electronic device can identify processes or networked devices requiring power, determine the expected amount of power required for the process or networked device, and calculate the cost of the power requirement. For example, the electronic device can receive data or algorithms defining the manner in which a power supplier computes the cost of consumed power, and predict the expected cost of the particular power requirement. Based on the importance of the process or device, and the expected power cost, the electronic device can perform a process or provide power to a networked device, or alternatively delay or cancel a process to ensure that the power cost of the device remains within preset boundaries (e.g., the power cost of the device or of a home network of devices does not exceed a maximum cap).