Considering the special electrical characteristics and grid structure of AC/DC hybrid microgrid, the optimal management model of AC/DC hybrid microgrid is established. According to the different load characteristics of AC/DC hybrid microgrid in AC and DC area, the direct load control and load interruption is used for AC area load, while the load translation is used for DC area load. A numerical example shows that proposed model is suitable for AC/DC hybrid microgrid and can fully use demand side management technology to improve the economy of microgrid and the reliability of power supply.