A transformer monitoring system has one or more monitoring devices coupled to respective distribution transformers, the monitoring devices each comprising a network device and monitors operational data of their respective distribution transformer and performs a monitoring device action based upon the operational data monitored, the monitoring device further transmits data corresponding to the distribution transformers being monitored. The system further has a central computing device communicatively coupled to the monitoring device via the network device and a processor resident on the central computing device that receives the operational data corresponding to the distribution transformers being monitored, interprets the received data, and performs an action based upon the transformer data.