Correct option is A
Load Factor is a measure of the utilization rate of the electrical load on a system over a specified period of time.
It is defined as the ratio of the average load over a given period to the peak (maximum) load during that same period. It is expressed as:
Load Factor=Average load / Peak load
The load factor provides insight into how efficiently the electrical system is being used.
A higher load factor indicates a more consistent and efficient use of electrical power, whereas a lower load factor indicates greater variability in the load, with peaks that are much higher than the average.
Therefore, the correct option is The ratio of average load to peak load over a year.