Electrical power is measured in watts (W) and is calculated by multiplying the voltage (V) applied to a circuit by the resulting current (I) that flows in the circuit: P = IV. In addition to measuring production capacity, power also measures the rate of energy consumption and many loads are rated for their consumption capacity. For example, a 60W lightbulb utilizes 60W of energy to produce the equivalent of 60W of heat and light energy.

A diode allows current to pass easily in one direction and blocks current in the other direction. Diodes are commonly used for rectification which is the conversion of alternating current (AC) into direct current (DC). Because a diode only allows current flow in one direction, it will pass either the upper or lower half of AC waves (half-wave rectification) creating pulsating DC. Multiple diodes can be connected together to utilize both halves of the AC signal in full-wave rectification.

Voltage (V) is the electrical potential difference between two points. A voltmeter is used to measure the voltage between two points in a circuit.

An inductor is coiled wire that stores electric energy in the form of magnetic energy and resists changes in the electric current flowing through it. If current is increasing, the inductor produces a voltage that slows the increase and, if current is decreasing, the magnetic energy in the coil opposes the decrease to keep the current flowing longer. In contrast to capacitors, inductors allow DC to pass easily but resist the flow of AC.

In contrast to the constant one-way flow of direct current, alternating current changes direction many times each second. Electricity is delivered from power stations to customers as AC because it provides a more efficient way to transport electricity over long distances.