Importance of Load Balancing
1. Extended life of the transformer, that remains in service for longer period of time.
2. Enhanced quality of supply.
3. Lesser manages cost on distribution or power transformer leading to increase in Utility's Operational Profit.
4. Consumer Satisfaction.
Diversity factor is defined as the ratio of the sum of the individual maximum demands of various parts of a power distribution system to the maximum demand of the whole system. It measures the staggering of various hours of the day and indicates flatness of load curve. That is, it denotes MVA vs hours of the day curve.