A surge protector (or surge suppressor) is an appliance designed to protect electrical devices from voltage spikes. A surge protector attempts to regulate the voltage supplied to an electric device by either blocking or by shorting to ground voltages above a safe threshold.
Many power strips have surge protection built-in; these are typically clearly labeled thus. However, sometimes power strips that do not provide surge protection are erroneously referred to as surge protectors.
A power conditioner (also known as a line conditioner or power line conditioner) is a device intended to improve the quality of the power that is delivered to electrical load equipment. While there is no official definition of a power conditioner, the term most often refers to a device that acts in one or more ways to deliver a voltage of the proper level and characteristics to enable load equipment to function properly. In some usages, power conditioner refers to a voltage regulator with at least one other function to improve power quality (e.g. noise suppression, transient impulse protection, etc.).
DataComm Electronics' Flat Panel TV Cable Organizer Kit with Power Solution allows you to connect your flat panel TV or audio/video equipment to a surge protector or power conditioner. Click here for more information.