A smart grid is an electric power system that consists of automated control technology, sophisticated software solutions, and sensors for data control and data acquisition. Smart grids have significantly attracted the attention of industries and governments. Currently, smart grid sensors is a highly progressive technology in the field of power generation, transmission and distribution. Smart grid sensors are highly effective in sensing real-time data of climatic conditions and temperature of power lines while transmitting the energy. The data sensed is then used to enhance the reliability of power transmission and lower the power dissipation, which eventually minimizes the cost. Thus, smart grid sensors are highly efficient for use in commercial and residential buildings to increase the energy efficiency. A smart grid sensor has become an innovative technique that uses the information & communication technology in the field of electricity generation, transmiss...