This paper proposes real-time Energy Management System (EMS) for a residential hybrid ac/dc microgrid. The residential microgrid is organized in two different distribution systems. A dc distribution bus which interconnect the renewable energy sources (RES), energy storage systems (ESS) and the building’s common facilities; while the apartments are supplied by an ac distribution system connected to the grid. This architecture avoids any modifications in the electrical installation that supplies energy to the apartments. A pure dc voltage supply is not yet a feasible approach for residential buildings. This architecture increases the overall efficiency of the distribution by interconnecting the RES and ESS thorough a dc distribution bus, and therefore avoiding unnecessary dc/ac conversion stages. The real-time EMS performs an 24 hours ahead optimizationin order to schedule the charge/discharge of the ESS, and the energy injection/consumption from the grid. The EMS estimates the RES generation based on the weather forecasting, together with stochastic consumption modelling of the building. The EMS architecture and the residential microgrid have been implemented and tested in a laboratory scale setup. The results shown how the operational costs of the system are effectively decreased by 28%, even with non-accurate estimation of the RES generation or building parameters.