Today’s developing technology and increasing demands in production areas continue the importance of studies on induction motors (IMs). To meet the demands, the mathematical modeling of IMs must be performed fully and accurately. Variable conditions cause changes in many electrical, magnetic, and thermal parameters. A change in parameters affects the intensity, efficiency of the operating currents of the machine, thereby changing the motor losses. In this article, the objective is to determine the changes in the equivalent circuit parameters of three-phase squirrel-cage induction motors (SCIMs) with different powers under the variable conditions (stator winding temperature, load, and motor shaft speed). Supervisory control and data acquisition (SCADA) program read real-time information (temperature, current, voltage, power, shaft speed, and torque) from the experiments and necessary calculations were made. When the test results were examined, a maximum of 9 % change was observed in the motor ECPs (RS, R2, RM, XS, X2, and XM) at different shaft speeds as a result of the change in the stator winding temperature between 100 % and 110 %. At different loads, this rate of change increases to 16 %. This has shown that motor shaft speed and load, together with temperature, have a significant effect on the ECPs.