Here the load factor plays a significant role in the generation of each unit kwh kilo watt hours.
Load factor energy.
It is a measure of the utilization rate or efficiency of electrical energy usage.
In the example below the monthly kwh consumption is 36 000 and the peak demand is 100 kw.
Maximum electrical demand for a given time period.
A high load factor indicates that load is using the electric system more efficiently whereas consumers or generators that underutilize the electric distribution will have a low load factor.
The load factor plays an important role in the cost of generation per unit kwh.
Load factor is the ratio of average electricity use vs.
Generally it is calculated based on a daily weekly monthly or annual basis.
There were 30 days in the billing period.
Load factor in essence means efficiency.
It is the measure of the utilisation of electrical energy during a given period to the maximum energy which would have been utilised in that period.
The capacity factor is defined for any electricity producing installation such as a fuel consuming power plant or one using renewable energy such as wind or the sun the average capacity factor can also be defined.
The load factor is calculated by dividing the total consumption of electrical energy kwh for a given specific time of period to the product of maximum demand kw and the number of hours in that period.
The load factor can be calculated over any time of period.
For example if you use 60 8 kwh of electricity in a 24 hour period your average electricity use is 2 5 kw per hour 60 8 24.
Load factor is nothing but how well we utilize the energy and it is the calculation of electrical energy utilization throughout a given time to the utmost energy which has been used in that time.
The net capacity factor is the unitless ratio of an actual electrical energy output over a given period of time to the maximum possible electrical energy output over that period.