This paper proposes a hybrid approach for the optimal design of electric vehicle (EV) home energy management. The proposed hybrid system combines the execution of the Lichtenberg optimization algorithm and the heap-based optimizer; hence, it is named as LAHBO method. The main purpose of the proposed system is the reduction of costs and improvement of the power factor. Thus, two phases of optimization, such as Lichtenberg optimization algorithm–based cost minimization and heap-based optimizer–based power factor improvement. At initial phase, power conversation, and operating time of the smart home components are decided using the Lichtenberg optimization algorithm method. It is categorized into four groups, such as interruptible, uninterruptible, thermostatically controlled, and non-programmable loads. In second phase, the residential power factor at grid connection point is improved using the heap-based optimizer approach. Finally, the proposed system is carried out on MATLAB platform related to several existing approaches. The proposed method enhances the power factor and diminishes the cost than the existing method. The cost of proposed method is 0.16$ and existing approaches such as CGO, SMO, and SOA cost become 0.2, 0.3, and 0.35$, respectively.