A method for analyzing effects of electrical perturbations on equipment in an electrical system includes processing energy-related signals from at least one intelligent electronic device in the electrical system to identify an electrical perturbation in the electrical system. An end time of the electrical perturbation may be determined, and electrical measurement data from prior to, during and/or after the end time of the electrical perturbation may be analyzed to identify and quantify the effects of the electrical perturbation on equipment in the electrical system. The effects may include, for example, equipment restarts/re-energizations due to the electrical perturbation. One or more actions may be taken or performed to reduce the effects of the electrical perturbation and extend the life of the equipment. The actions may include, for example, at least one of communicating the equipment restarts/re-energizations and controlling at least one component in the electrical system.