A voltage regulator power reporting offset system includes a monitored power reporting subsystem that determines a monitored power level, offsets the monitored power level using voltage regulator operation offset information to provide a first offset monitored power level, and reports the first offset monitored power level to voltage regulator operation components. A processor power reporting component receives the report of the first offset monitored power level from the monitored power reporting subsystem. A processor power reporting offset subsystem receives the report of the first offset monitored power level from the processor power reporting component, offsets the first offset monitored power level using the processor operation offset information to provide a second offset monitored power level that is different than the first offset monitored power level, and reports the second offset monitored power level to a processing system.