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2019-11-09
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2020-06-07
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What is a load factor in a lease?
A load factor, also known as a loss factor, is a metric that compares the amount of space a tenant pays for in a commercial lease versus the amount of space they actually use. The load factor or a commercial lease is calculated with the formula below: Rentable Square Feet/Usable Square Feet = Load Factor.
What is the formula of load factor?
The load factor percentage is derived by dividing the total kilowatt-hours (kWh) consumed in a designated period by the product of the maximum demand in kilowatts (kW) and the number of hours in the period.
What is a good load factor?
It is the ratio of actual kilowatt-hours used in a given period, divided by the total possible kilowatt -hours that could have been used in the same period, at the peak kW level established by the customer during the billing period. A high load factor is a good thing, and a low load factor is a bad thing.
What is average load factor?
Load factor. Definition: Load factor is defined as the ratio of the average load over a given period to the maximum demand (peak load) occurring in that period. ... The load factor plays an important role in the cost of generation per unit (kWh).
What is the importance of load factor?
Load factor above .75 are considered better. It is the measure of utilization of electric energy during a given period to the maximum energy which would have been utilized during that period. Load factor plays a very important role in the cost of generation per unit (kWh).
How do you calculate load factor in real estate?
Calculating the load factor is pretty straightforward. First, find out how much total floor area a building has. Then, subtract the shared square footage to determine the usable square footage. The owner or owner's agent should be able to give you these numbers.
What is the load factor in real estate?
A load factor, also known as a loss factor, is a metric that compares the amount of space a tenant pays for in a commercial lease versus the amount of space they actually use. The load factor or a commercial lease is calculated with the formula below: Rentable Square Feet/Usable Square Feet = Load Factor.
How do you calculate load factor?
How to calculate LOAD FACTOR? The load factor percentage is derived by dividing the total kilowatt-hours (kWh) consumed in a designated period by the product of the maximum demand in kilowatts (kW) and the number of hours in the period.
How do you calculate rentable square footage?
To calculate load factor, start by finding the total usable and rentable square footage of the building in questions. Remember that the usable square footage is the area that can be rented to tenants and the rentable square footage is that area plus common areas. Then, divide RSF by USF to get the load factor.
What is core factor in commercial real estate?
The term may also include most of the instruments by which an interest in real estate is created, mortgaged or assigned. Core Factor: Represents the percentage of Net Rentable Square Feet devoted to the building's common areas (lobbies, restrooms, corridors, etc.).
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