This paper introduces a compression technique for power qualify disturbance signal via discrete wavelet transform(DWT). The proposed approach is based on a previous estimation of the stationary component of power quality disturbance signal, so that it could be subtracted from the original signal in order to reduce a dynamic range of signal and generate transient events signal, which is subsequently applied to the compression technique. The compression techniques is performed through the difference signal decomposition, thresholding of wavelet coefficients, and signal reconstruction. It presents the relation between compression efficiency and threshold. It shouts that the wavelet transform leads to a power quality data compression approach with high compression efficiency, small compression error and good de-nosing effect.