What is Electricity Load Factor?
Electricity load factor is a measure of how efficiently a business or organisation is using its electricity supply over a specific period of time.
Why is Electricity Load Factor Important?
Load factor is important because it can have a significant impact on energy bills. Most businesses are charged for their electricity consumption based on the maximum demand that they have placed on the grid during a given period, rather than the total amount of electricity they have consumed. Therefore, if a business can reduce its maximum demand by improving its load factor, it can reduce its energy costs.
How is Electricity Load Factor Calculated?
Contact us to request a free load factor evaluation across your sites.
What Does a High Load Factor Indicate?
A high load factor indicates that a business is using its energy supply efficiently, with a relatively constant demand over time.
What Does a Low Load Factor Suggest?
A low load factor suggests that there is a high degree of variability in electricity demand, which may lead to wastage and higher energy costs.
If you're not sure how to improve your electricity load factor or where to start, don't worry - we're here to help. Contact us today for expert advice and guidance on how to increase your load factor and reduce your energy costs.