Annual load factor definition
Annual load factor means a load factor calculated as an average of the prior 12 monthly load factors. Each monthly load factor must be determined by dividing the customer's actual monthly kilowatt hours consumption by the product of the customer's monthly maximum on peak demand and the number of hours in the month.
Annual load factor means the percentage calculated by dividing a Plant’s total metered energy for any year by the product of the highest Total Metered Demand for that year and the number of clock hours in that year.