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Fiber-wireless sensor networks (Fi-WSNs) composed of a hybrid fiber-wireless (FiWi) network enhanced with sensors will play a key role in supporting machine-to-machine (M2M) communications to enable a wide range of Internet of Things (IoT) applications, of which smart grids represent an important real-world example. This paper explores opportunities of designing an energy-efficient Fi-WSN based on EPON/10G-EPON, WLAN, wireless sensors, and passive fiber optic sensors as a shared communications infrastructure for broadband services and smart grids. A novel energy conservation scheme for sensor enhanced FiWi networks (ECO-SFiWi) is proposed to reduce the overall energy consumption. ECO-SFiWi maximizes energy efficiency by leveraging TDMA to schedule power-saving modes of EPON's optical network units, wireless stations, and wireless sensors and incorporate them into EPON's …