The precision digital power monitor value propositions include offering a flexible digital power monitor (DPM) solution with the ability to measure current and voltage, and calculate power. It has user defined alerts and a fault monitor for over voltage/under voltage and over current, plus there are 16 to 55 slave addresses to enhance digital communication and simplify board design. The power monitor offers accurate power measurement at low shunt voltages using a 16-bit ADC and offers user defined conversion time and sample settings. Additionally, the precision digital power monitor offers the ability to add telemetry to existing systems, enables remote diagnostics and monitoring for system optimization and support, improved reliability, faster fault isolation and repair, reduced service and maintenance cost, and it offers predictive fault detection and trend analysis. Finally, it provides a low risk method to upgrade proven systems. It eliminates the need to replace proven, qualified devices and allows the user to control risk vs. cost and benefit with selective implementation. Therefore it reduces time to market and lowers implementation cost due to reduced qualification.