eng Science and Education Publishing International Journal of Physics 2333-4576 2024-08-18 12 5 202 205 10.12691/ijp-12-5-2 IJP20241252 article Suniti K. Ghoshal sunikghoshal@gmail.com 1 Department of Physics, Dr. B. C. Roy Engineering College Startling findings concerning the Planck?s quantum equation, E = hv, have been brought to light in this work. It has been conclusively proven that the conceptual correctness of this quantum equation cannot be justified by any physical reasoning, and that there have emerged a newly formulated but promising quantum equation, P = bv, which relates the power ?P? of a quantum oscillator, such as a photon, with its frequency ?v? (where ¡®b¡¯is the elementary quantum of energy observable in nature), to be the right kind of quantum equation. Since the core concept in the Einstein?s theory of the photoelectric effect is critically dependent on the correctness of the Planck?s quantum equation, bringing about an appropriate modification in the Einstein?s derivation of the photoelectric effect has been deemed essential. Reformulation of the Einstein?s photoelectric equation has been carried out in this work taking into consideration the newly emerged quantum perspective as well as the concept of energy-power dichotomy that photons and photoelectrons do exhibit. Thus, the Einstein?s photoelectric equation expressed in all energy terms, Ee = hv h v0, is get converted into all power terms, Pe = bv bv0. This modified form of the Einstein?s photoelectric equation has been found to be capable of providing satisfactory explanation to all the salient features the photoelectric effect exhibits. https://pubs.sciepub.com/ijp/12/5/2/ijp-12-5-2.pdf Einstein?s photoelectric equation (EPE) reformulation of EPE new quantum perspective energy-power dichotomy photons and photoelectrons