Demand Factor = Max. Demand / Connected Load <1 ...

(1)
NOTE: Refers to the fractional amount of demand used relative to the maximum amount that could be used by the same system.

Average Load = (Area (kWh) under the load curve) / Time in Hrs ... (2)
Load factor = Average Demand/ Max. Demand <1 ... (3a)
= (Average Demand x Time in Hrs) / (Max. Demand x Time in Hrs)
= Area (in kWh) under daily load curve / Total area under the curve ... (3b)
= Energy consumed / (Max. Demand x Time in Hrs) ... (3c)
Total Energy consumed = Load Factor x Max. Demand x Time in Hrs … (4)
Diversity Factor = (Sum of Individual Max. Demands)/(Max. Demand on the power station) >= 1 … (5)
Plant Capacity Factor = Average Demand/ Plant Capacity (i.e., Rated)
= (Actual Energy Generated) / (Max. energy that could have been generated)
= (Actual Energy Generated) / (Plant Capacity x Time in Hrs for week/month/year) … (6)
NOTE: Irrespective of the number of hours the plant is in operation in a week/month/year, while considering time, full
duration is considered.
Plant Utilisation factor = Actual Energy Generated / (Plant Capacity x Hrs of usage in week/month/year) … (7)
Reserve Capacity = (Plant Capacity - Max. demand on the plant) MW … (8)