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How do the Utility Company’s benefit and do they agree with power factor optimization?

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How do the Utility Company’s benefit and do they agree with power factor optimization?

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The POWER FACTOR CORRECTION DEVICE improves the efficiency of the electrical system and the capacity of the existing distribution system is increased. Since no one wants a power plant in their neighborhood, power companies can now supply power to more customers without the generation or acquisition of additional power. They can reduce capital expenditures by leveraging the existing infrastructure.

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