The document discusses power factor correction and the disadvantages of a low power factor. It defines power factor as the ratio between true power and apparent power, represented as the cosine of the phase angle between voltage and current. Some disadvantages of a low power factor include higher electricity costs due to increased voltage requirements, increased cable and equipment sizes, and decreased efficiency due to greater voltage drops and copper losses. Improving power factor can reduce utility bills, increase electrical system capacity, and reduce voltage drops at the point of use. Common equipment used to improve power factor include capacitors, synchronous motors, and static condensers.