This paper describes the distribution power system econimical PQMS(Power quality monitoring system) of Utility. Recently, the korea power quality standard has been established based on the IEC Std. By IEC Std., the power quality assessment point is measured in PCC(Point of common coupling). In this case, the utility has to construct PQM system in all customer PCC point and the PQ meter cost would be very high in order to acquire the suitable data. Also the distribution system would be encounter the communication overload problem due to the huge data. Accordingly the utilities could not apply to PQM system in the distribution power system by the cost and communication problem. In this paper, the proposed economical PQMS has the voltage and current signal reiteration function and FFT operation function is transferred the server. Also the voltage and current measurement channels are minimized by a classified substation construction.