Here's another.
CAPTAIN POWER AND THE SOLDIERS OF THE FUTURE
Another show of the 80s, in this one, Captain Power fights alongside Major Matthew 'Hawk' Masterson, Lieutenant Michael 'Tank' Ellis, Sergeant Robert 'Scout' Baker and Corporal Jennifer 'Pilot' Chase. Their war is against the evil Lord Dread and his army of Bio-Mechs, humans turned machine that rage over the planet.

Dread and Power, formerly scientists who worked together named Dr. Taggart and Dr.... Power, became blood enemies. Power developed the Power Suits, capable of going toe to toe with the Bio Mech army. However, humanity was on the brink of collapse 15 years after the Metal Wars had begun, in which the show takes place.

The show was marked by a line of tie in toys. Action figures were of course on the market, but the coolest of these toys were the aircraft. Buying an aircraft, you could fire at the TV screen during the show. If you hit the enemy Biomechs that were flying through the air, you got points. Take enough damage from their blasts and the pilot of your ship would be ejected from the cockpit, signaling the end to your mission.

To transform into their power suits, each member of the team would step up to the Energizer and shout, "POWER ON!"
http://youtu.be/5UNmOy2Xp6s
As a further incentive, this show was written by the same man who wrote Babylon 5.