A system, device, and method of detecting an overload condition of a distribution transformer that supplies power to one or more customer premises via a low voltage subnet is provided. In one embodiment, the method comprises determining the power output of the transformer; storing in a memory a threshold power value for the transformer; determining whether the power output exceeds the threshold power value; and, if the output power exceeds the threshold power value, providing a notification. Providing the notification may include wirelessly transmitting the notification and/or transmitting the notification over a medium voltage power line. The low voltage subnet may comprise a low voltage feeder that supplies power to a plurality of low voltage supply lines that extend to the customer premises in which case determining the output power may comprise measuring a voltage of the low voltage feeder and measuring a current traversing the low voltage feeder. The method may also comprise storing in the memory a plurality of threshold power values associated with a plurality of transformers, such as different models of transformers; receiving data of the power output of a multitude of transformers; and determining whether the power output of each of the multitude of transformers exceeds the threshold value associated with the transformer, which steps may be performed at a central computer system such as a power line server.