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

A transformer utilizes an inductor to increase or decrease the voltage in a circuit. AC flowing in a coil wrapped around an iron core magnetizes the core causing it to produce a magnetic field. This magnetic field generates a voltage in a nearby coil of wire and, depending on the number of turns in the wire of the primary (source) and secondary coils and their proximity, voltage is induced in the secondary coil.

Capacitors store electricity and are used in circuits as temporary batteries. Capacitors are charged by DC current (AC current passes through a capacitor) and that stored charge can later be dissipated into the circuit as needed. Capacitors are often used to maintain power within a system when it is disconnected from its primary power source or to smooth out or filter voltage within a circuit.

A semiconductor is a material that has a limited ability to conduct electrical current with conductivity between that of an insulator and that of a conductor. Silicon, a cheap and abundant material, is the most used semiconductor material although other materials are used in the electronics components made from semiconductors. The primary advantages of a semiconductor over a conductor is that the conductivity of a semiconductor can be varied under an external electrical field giving engineers precise control over complex circuits and, unlike conductors like metals, a semiconductor's conductivity increases with increased temperatures.

The larger the number the smaller the diameter of the wire. So, the diameter of a number 12 wire is less than the diameter of a number 6 wire.