Electric Load Factor
Electrical Load factor is a measure of the utilization rate, or efficiency of electrical energy usage. It is the ratio of total energy (KWh) used in the billing period divided by the possible total energy used within the period, if used at the peak demand (KW) during the entire period.
Load Factor Calculators
If your load factor ratio is above 0.75 your electrical usage is reasonably efficient. If the load factor is below 0.5, you have periods of very high usage (demand) and a low utilization rate. Load factors above .5 may benefit from custom supply pricing.
Low load factors, such as, below .4, contribute significantly to the overall monthly electric bill in the form of demand charges. Low load factor customers would benefit from a peak demand control system or from a Battery Energy Storage System to distribute electrical usage out over longer intervals of time and smooth the peaks.