An adjusting power measuring apparatus includes: a processor that: acquires an active power measurement value of active power exchanged at a connection point between a targeted power grid and an adjusting power supply source that supplies adjusting power to the targeted power grid, acquires a frequency measurement value of frequency at the connection point, calculates, based on the active power measurement value and the frequency measurement value, a first adjusting power coefficient indicating a degree of influence that fluctuation in the active power has on fluctuation in the frequency, calculates, based on the first adjusting power coefficient and a fluctuation measurement value of the fluctuation in the frequency, the adjusting power supplied from the adjusting power supply source to the targeted power grid, and determines, based on the calculated adjusting power, compensation to be paid to an owner of the adjusting power supply source.