A system and method of monitoring a plurality of electrical assets comprise an electricity distribution infrastructure, including a plurality of electrical asset sensors coupled to the electrical assets for monitoring an operating condition of the electrical assets as well as any fault conditions. The sensors may include a current transformer for obtaining a current waveform, a GPS receiver for applying a synchronized time-stamp to the waveform data, and a mesh network radio for transmitting the time-stamped waveform data. Data from the plurality of sensors may be encrypted and transmitted over a mesh network to one or more gateways that are in communication with a central command processor. In response to an abnormal operating condition of any electrical asset, the central command processor may determine a probable fault location, a probable fault type, and a fault response.