The need for monitoring the electrical network parameters is identified to use methods and means to improve power supply reliability and power quality. The article lists the exiting sensors for monitoring electrical parameters and substantiates the necessity of monitoring the parameters at both sides of switching devices. In the paper, there is basic information on the structure, operation and capabilities of the monitoring system for power supply reliability and power quality. A functional electrical circuit of the device for monitoring the number and duration of power outages and voltage deviations is proposed for monitoring the parameters at both sides of switching devices. An algorithm for the device operation has also been developed, which allows detecting the main emergency modes in the consumer's internal network. The article also describes laboratory tests of a prototype of the device for monitoring the number and duration of power outages and voltage deviations, which is based on the Arduino NANO V3 ATmega 328 microprocessor. INDEX TERMS power supply system efficiency, power supply reliability, power quality, power supply restoration time, power quality inconsistency time, monitoring system, Arduino prototype, laboratory tests.