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Power factor (again)

Sorry for yet another question on this topic.

 

I have got sub metering installed on all outgoing submains, I also have a meter on the incoming main

 

Between the main meter and sub meters, I have my power factor correction

 

over a week, I'm getting about 1,500kWh of difference, the sub meters total being higher by that amount compared to the incomer meter.

 

I'd like to say that the power factor correction has effectively saved that number of kWh, is that correct?

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