1. An apparatus comprising: a model creation module that creates an electrical usage model, the electrical usage model comprising an electrical device usage model for each electrical load assumed to be at simulated premises, the assumed electrical loads comprising an assumed load set, the simulated premises comprising characteristics from actual premises within an area serviced by an electric utility; a simulation module that simulates, using the electrical usage model, electrical usage at the simulated premises during a specified time period, the electrical usage model comprising a set of location-specific parameters for the simulated premises, wherein the simulation module simulates electrical usage for a plurality of simulated premises and for a plurality of assumed load sets for each simulated premises; a load prediction module that uses a load prediction algorithm to predict if a particular type of electrical load is present within each of a plurality of the simulated premises, the plurality of simulated premises comprising at least a subset of the simulated premises used for simulations by the simulation module, each load prediction algorithm comprising one or more algorithm parameters; an accuracy module that determines an accuracy of the load prediction algorithm in predicting if the particular type of electrical load is present in the subset of simulations, wherein the accuracy module determines a percentage of times that the prediction module accurately predicts that the particular type of electrical load is present in the subset of simulations; and an adjustment module that adjusts one or more of the algorithm parameters for the load prediction algorithm used by the load prediction module in response to the determined accuracy, wherein the adjustment module dynamically adjusts one or more of the algorithm parameters for the load prediction algorithm to maximize the percentage of times that the prediction module accurately predicts that the particular type of electrical load is present in the subset of simulations; wherein at least a portion of the model creation model, the simulation module, the load prediction module, the accuracy module, and the adjustment module comprise one of hardware, hardware and executable code, and one or more non-transitory, tangible computer readable storage medium storing executable code.