One way to improve the efficiency of power generation, transmission, or conversion is by operating at a near unity power factor. This means that the amount of power used by the system is closer to the amount of power being supplied, resulting in less wastage.

One cost-effective method of achieving near unity power factor is by installing Power Factor Correction Capacitors. These capacitors can help reduce the amount of reactive power in the system, which in turn can reduce losses and improve overall efficiency.