How is load factor calculated?
Load factor measures how consistently a charging station uses electricity relative to its
peak demand. For the purposes of the EVC rate, eligibility is to be determined based on
a charging station's 12-month average load factor.
Example:
A charging station that uses 14,880 kWh in a 31-day month (744 hours) and has a peak
demand of 100 kW:
Load factor = 14,880 ÷ (100 × 744) = 20%