Techniques for calculating a real power delivered to a transmit load of a transceiver. In an aspect, two distinct voltages are sampled from a matching network coupling the transmit load to an amplifier output. The voltages are coupled by configurable coupling elements to the down-conversion mixers of the transceiver, and are subsequently converted to digital form for processing by a baseband processor. The baseband processor may calculate a coefficient relating the calculated real power to an actual power delivered to the load. The coefficient may be stored and subsequently applied to a transmit element during normal signal transmission by the transceiver. Note the coupling elements may be configured to decouple the sampled voltages from the down-conversion mixers during normal signal reception by the transceiver, thus avoiding unnecessary loading on the receive signal path.