A new framework for intensification of energy efficiency in commercial and residential use by imposing social, technical and environmental constraints

•To identify the scope of energy efficiency in commercial and residential buildings.•To formulate an optimization problem with real-time constraints under different environmental conditions.•To develop various indices for energy efficiency and the level of comfort with operating status of power components.•To develop a new framework for energy efficiency with social, technical and environmental constraints.•Comparison of proposed DSM and the practical results in terms of several parameters for energy efficiency performance.