An electricity management system for a residential setting includes a controller that is coupled with a plurality of appliances. A plurality of sensors are coupled with the controller and respectively coupled to the plurality of appliances. The controller cooperates with the sensors and the appliances to generate a demand response plan for delivering electrical power to the plurality of appliances. The demand response plan includes a shifting strategy that regulates a delivery of electrical power based upon a regional pattern of electrical consumption, a shedding strategy that maintains a household consumption of electrical power below a household upper consumption limit and a modulating strategy based upon the respective operating cycles of the plurality of appliances that prevents a simultaneous peak electrical event within more than one appliance of the plurality of appliances. The shifting strategy, the shedding strategy and the modulating strategy are implemented contemporaneously.