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Energy disaggregation or non-intrusive load monitoring addresses the issue of extracting device-level energy consumption information by monitoring the aggregated signal at one single measurement point without installing meters on each individual device. Energy disaggregation can be formulated as a source separation problem, where the aggregated signal is expressed as linear combination of basis vectors in a matrix factorization framework. In this paper, an approach based on Sum-to-k constrained non-negative matrix factorization (S2K-NMF) is proposed. By imposing the sum-to-k constraint and the non-negative constraint, S2K-NMF is able to effectively extract perceptually meaningful sources from complex mixtures. The strength of the proposed algorithm is demonstrated through two sets of experiments: Energy disaggregation in a residential smart home; and heating, ventilating, and air conditioning components energy monitoring in an industrial building testbed maintained at the Oak Ridge National Laboratory. Extensive experimental results demonstrate the superior performance of S2K-NMF as compared to state-of-the-art decomposition-based disaggregation algorithms. [ABSTRACT FROM PUBLISHER]