In the realm of electrical engineering, standards play a pivotal role in ensuring the quality and reliability of electrical systems. This paper conducts a comprehensive comparative analysis of the Institute of Electrical and Electronics Engineers (IEEE), International Electrotechnical Commission (IEC), and European Committee for Electrotechnical Standardization (CENELEC) standards, with a particular focus on power quality engineering. Specifically, it focused on key parameters such as the K-factor, the factor K, the Harmonic Loss Factor FHL and the unbalanced factor. By elucidating the differences and similarities between these standards, this study aims to provide insights into their respective impacts on electrical infrastructure, guiding engineering practices, and facilitating global trade. Understanding the regional applicability and industry impact of IEEE, IEC, and CENELEC standards is essential for engineers, manufacturers, and policymakers to navigate the complexities of electrical quality engineering in a diverse and interconnected world.