A method and apparatus for controlling operations of a controlled devices in a network including a control device and at least one controlled device are provided. The method includes: receiving information about a device usage history of a user for the at least one controlled device from the at least one controlled device; setting an optimum power consumption level corresponding to the controlled device from among a plurality of power consumption levels classified based on power consumption of the controlled device, based on the received information about the device usage history and information about time-based price; and controlling operations of the controlled device based on the set optimum power consumption level.