bright white orb moves slowly, dims, and vanishes followed by all night power outage

I looked up saw a very bright white ball of light-too large to be a plane, but not much bigger. and no strobes or red lights. it was moving across for one or two seconds, then and apeared to dim/fade out smaller an smaller until it disapeared. when the orb was getting smaller, a reddish twinkle apeared until it vanished. no cloud cover nearby.  five minutes after the sighting the electricity went out at my appartment complex, it wa not restored intill noon the next day.