Calculating Power Factor and Best way to improve Power Factor

Why is it necessary to Calculate Power Factor and improve it? When you’re running your own business, it’s really important to be familiar with the energy loss incurred by the poor power factor. Your power factor has major implications on your electricity bills; in fact, it can add plenty of amounts extra to your electricity bills monthly! Knowing how to calculate power factor will help you to upgrade your system performance and pay less money on continual bases.