Belkin PF-60

I dont know what happened,but half the house went out and then came back on. All the A/V components are connected to the PF-60 and they all shut down. The DLP tv got turned back on first and then the rest of the equipment. I later found out a transformer blew up approx. 1 mile away. Without re-reading the manual on the 60, is this what the 60 is supposed to do? Any resets need to be done? ANY OTHER INFO HELPFUL.