The document discusses power in AC circuits, including impedance, phasor and power diagrams for RL and RC loads. It describes the concepts of active power (P), reactive power (Q), apparent power (S) and power factor. Low power factor is disadvantageous and can be improved by connecting a capacitor bank parallel to the load to provide the required reactive power. Illustrative examples are provided to calculate the capacitance and kvar rating required to improve the power factor of single-phase loads.