Definition, Meaning & Synonyms
load-factor
noun
/ˈloʊd ˈfæktər/
Definition
The ratio of the actual output of a power plant to its potential output over a period of time.
Examples
- The load-factor of the solar plant increased during the sunny months.
- A higher load-factor can lead to lower electricity rates for consumers.
Meaning
Load factor is a measure of the efficiency and utilization of a power plant’s capacity. It indicates how consistently the plant is being used relative to its maximum potential.
Synonyms
- Utilization factor
- Capacity factor
