@mitch2 Yes! You also want good solid connections at either end so they don’t heat; heat means a Voltage loss.
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If you want an inexpensive means of building a power cord, use the kind of AC power cord used by an electric dryer or stove. Put a set of decent connectors on either end so you don’t get the connections heating up (which represents a Voltage drop) and you’ll have a very competent power cord.
Of course you have to watch things like which side is hot and which side is neutral so an electrician might have to be the one to do the work for you.
Any tube amp has in addition to the high Voltage power supplies, also a filament supply which is usually not regulated. So when there’s a Voltage drop across the power cord, not only is the B+ Voltage on the power tubes a little lower but the tube is less efficient since the cathode (heated by the filaments) is running at a lower temperature since the filaments are running cooler.
Put another way this means that tube amps are generally more sensitive to power cords than solid state amps are. But solid state amps can be affected too. The more regulation that is used (for example, in our MP-1 preamp where all the power supplies are tightly regulated) the less sensitivity you’ll have to the power cord.
One variable I've not mentioned yet: In a power supply there are rectifiers that convert AC from the power transformer to DC and filter capacitors that are charged by that DC. But the rectifiers only conduct when the output of the power transformer is higher than the Voltage on the other side of the rectifier. The filter capacitors retain a charge from one iteration of the AC power waveform to the next, so the only time the rectifiers conduct is at the peak of the AC waveform. At that time, the current has to move swiftly to charge the cap and so there is a current spike when the AC Voltage is at the peak. This might only be for a few milliseconds. If the power cord has troubles with what is essentially a higher frequency (due to the steepness of the current spike itself) it could limit the charging time.
That could result in a lower power supply Voltage with more noise. Some power cords are better at this than others.
That is why you can hear differences between power cords. Anyone that says otherwise clearly has not measured the effect they can have on equipment. IOW what I’ve said here can be backed up with measurements.