A method for analyzing power quality events in an electrical system includes processing electrical measurement data from or derived from energy-related signals captured by at least one metering device in the electrical system to generate at least one dynamic tolerance curve. Each dynamic tolerance curve of the at least one dynamic tolerance curve characterizes a response characteristic of the electrical system at a respective metering point in the electrical system. The method also includes analyzing the at least one dynamic tolerance curve to identify special cases which require further evaluation(s)/clarification to be discernable and/or actionable. The at least one dynamic tolerance curve may be regenerated or updated, and/or new or additional dynamic tolerance curves may be generated, to provide the further clarification. One or more actions affecting at least one component in the electrical system may be performed in response to an analysis of the curve(s).