The subject matter described herein is directed to a power monitoring system for managing power in a data center. In one embodiment, the power monitoring system includes: at least one processor, a memory coupled to the at least one processor, wherein the memory includes, a computation module configured to compute at least one of peak power consumption and current power consumption of each power distribution point of a power distribution unit and an analysis module configured to identify the power distribution points which are overloaded or are underutilized based on a policy data.