Abstract: A voltage monitoring apparatus for monitoring a value of a rectified AC voltage applied across a capacitive load is disclosed. The voltage has an AC component and a DC component. The apparatus monitors the value of the rectified cyclical AC voltage at a selected portion of the cycle. The voltage to be measured can either be the instantaneous value of the voltage at a predetermined time in the cycle, or the RMS value of the entire cycle. The apparatus is especially useful for monitoring a cathodic protection voltage applied to a metallic structure in contact with the ground and subject to corrosion, such as often applied to an underground pipeline. Such voltage is typically full wave rectified AC, and it is beneficial to know if the minimum voltage value of each cycle applied to the pipeline is below a predetermined value.