The invention discloses a recycling and compression device for waste plastics used in electric power, and relates to the field of automatic equipment. The recycling and compression device comprises asupport assembly, wherein the support assembly comprises a bottom plate, wherein a first rod, a second rod and a third rod are mounted on the bottom plate; a conveying mechanism and a quantitative cutting mechanism are mounted on the bottom plate; the conveying mechanism is positioned on one side of the quantitative cutting mechanism; a material storage mechanism is mounted between the second rodand the third rod; the material storage mechanism is positioned below the quantitative cutting mechanism; and a compression mechanism is also mounted on the material storage mechanism. According to the recycling and compression device for the waste plastics used in electric power disclosed by the invention, through design of a telescopic air cylinder and a baffle plate, quantitative cutting of thequantitative cutting mechanism is realized; by utilizing the design of an electric cylinder and a cutting mechanism, fragmented cutting of waste rubber sheets and foamed materials can be realized; and by utilizing a compressor, compression of the waste materials is realized. The whole device has the advantages that the cost is low and the design is ingenious; and moreover, the device can be usedfor processing the waste materials in small batches.