The paper discusses the significance of power quality (PQ) issues arising from the increasing use of power electronics and microprocessor-based loads, highlighting the necessity for accurate measurement and classification techniques for PQ disturbances. It provides an overview of various classification methods and technologies employed to mitigate PQ problems, including artificial intelligence approaches and restoring technologies. The economic impact of PQ is assessed, and solutions for enhancing electrical system performance through proper grounding, bonding, and distributed generation are proposed.