This document discusses analyzing electrical energy and power. It defines electrical energy as the energy released when electric charges flow through any two points in an electric circuit. Electric power is defined as the rate at which electrical energy is released. Formulas are provided for calculating electrical energy, power, current, and resistance in various circuits. Examples problems are given and solved for finding current, energy usage, and cost based on power ratings and time. The concepts of power rating, energy consumption, and energy efficiency are compared for different electrical appliances. Ways to increase energy efficiency such as using efficient lighting and appliances and eliminating wasted energy are described.