An operation method for reducing energy consumption and an electronic apparatus thereof are provided. The operation method includes obtaining, by the electronic apparatus, weather forecast information, inputting, by the electronic apparatus, the weather forecast information to an artificial intelligence model for predicting an amount of power to be consumed by a first air conditioner, and displaying, by the electronic apparatus, the predicted power consumption amount of the first air conditioner output from the artificial intelligence model, wherein the artificial intelligence model is trained to obtain correlation information between a weather condition and a power consumption amount of an air conditioner, based on a weather history and operations of a plurality of air conditioners related to the weather history, and predict the amount of power to be consumed by the first air conditioner based on the correlation information and the weather forecast information.