A smart outlet and a smart grid electrical management system, wherein the outlet is adapted to fit in a typical gang box, to swivel, to detect and retain a plug, to automatically respond to a change in electrical demand and to provide a standby mode and includes a circuit board and an operably coupled touch screen GUI display controller, and wherein the management system includes a display controller for receiving user inputs and power data, for controlling the system and for outputting information, a ZigBee enabled load controller and a wired or wireless communication network linking the display controller, the load controller and one or more outlets, power sources, and/or electrical appliances or devices.