Overall energy consumption has expanded over the previous decades because of rapid population, urbanization and industrial growth rates. The high demand for energy leads to higher cost per unit of energy, which, can impact on the running costs of commercial and residential dwellings. Hence, there is a need for more effective predictive techniques that can be used to measure and optimize energy usage of large arrays of connected Internet of Things (IoT) devices and control points that constitute modern built environments. In this paper, we propose a lightweight loT framework for predicting energy usage at a localized level for optimal configuration of building-wide energy dissemination policies. Autoregressive Integrated Moving Average (ARIMA) as a statistical liner model could be used for this purpose; however, it is unable to model the dynamic nonlinear relationships in nonstationary fluctuating power consumption data. Therefore, we have developed an improved hybrid model based on the ARIMA, Support Vector Regression (SVRs) and Particle Swarm Optimization (PSO) to predict precision energy usage from supplied data. The proposed model is evaluated using power consumption data acquired from environmental actuator devices controlling a large functional space in a building. Results show that the proposed hybrid model out-performs other alternative techniques in forecasting power consumption. The approach is appropriate in building energy policy implementations due to its precise estimations of energy consumption and lightweight monitoring infrastructure which can lead to reducing the cost on energy consumption. Moreover, it provides an accurate tool to optimize the energy consumption strategies in wider built environments such as smart cities. (C) 2019 Elsevier B.V. All rights reserved.