Energy-constrained sensor nodes can adaptively optimize their energy consumption if a continuous measurement exists. This is of particular importance in scenarios of high dynamics such as energy harvesting or adaptive task scheduling. However, self-measuring of power consumption at reasonable cost and complexity is unavailable as a generic system service. In this paper, we present Eco, a hardware-software co-design enabling generic energy management on IoT nodes. Eco is tailored to devices with limited resources and thus targets most of the upcoming IoT scenarios. The proposed measurement module combines commodity components with a common system interfaces to achieve easy, flexible integration with various hardware platforms and the RIOT IoT operating system. We thoroughly evaluate and compare accuracy and overhead. Our findings indicate that our commodity design competes well with highly optimized solutions, while being significantly more versatile. We employ Eco for energy management on RIOT and validate its readiness for deployment in a five-week field trial integrated with energy harvesting.