A system disaggregates and estimates power consumption of electric loads powered by a single electrical outlet. The system includes a processor having a routine; a current sensor cooperating with the processor to measure samples for one line cycle of an aggregated current waveform for the electric loads powered by the single electrical outlet; and a voltage sensor cooperating with the processor to measure samples for the one line cycle of a voltage waveform for the electric loads powered by the single electrical outlet. The processor routine transfers the measured samples for the one line cycle of the aggregated current waveform and the voltage waveform into an aggregated voltage-current trajectory for the single electrical outlet, and provides an instantaneous decomposition of power consumption for a plurality of different categories of the electric loads from the aggregated voltage-current trajectory for the one line cycle.
 This invention was made with Government support under DE-EE0003911 awarded by the Department of Energy National Energy Technology Laboratory. The Government has certain rights in this invention.