What is Load Factor?
Load Factor Definition
Load Factor is defined as the ratio of the average load to the maximum load over a specific period.

Calculation Method
Load Factor is calculated by dividing total energy consumption by the product of peak demand and time period.
Efficiency Indicator
A high Load Factor indicates efficient energy use, while a low Load Factor suggests inefficiency.
Impact of Peak Load
Reducing peak load helps improve the Load Factor and reduces electricity costs.
Load Management
Shifting loads to off-peak times is an effective way to improve Load Factor.