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As the key component of the smart grid, smart meters fill in the gap between electrical utilities and household users. Todays smart meters are capable of collecting household power information in real-time, providing precise power dispatching control services for electrical utilities and informing real-time power price for users, which significantly improve the user experiences. However, the use of data also brings a concern about privacy leakage and the trade-off between data usability and user privacy becomes an vital problem. Existing works propose privacy-utility trade-off frameworks against statistical inference attack. However, these algorithms are basing on distorted data, and will produce cumulative errors when tracing household power usage and lead to false power state estimation, mislead dispatching control, and become an obstacle for practical application. Furthermore, previous works consider power …