O.K and since these would now be 3 single phase loads the currents would try to return on the neutral rather than the other three phases but obviously if they are balanced they will cancel at wye point and no current will return on neutral.
So to sum it up an unbalanced three phase wye load will have all the current return on the other phases however the wye point will have a higher voltage to ground. With the wye point grouned the three phase load becomes (3) single phase loads and no current returns on the other phases but rather just cancels at the neutral point with any unbalanced current returning on neutral.
No, this is not correct. You guys originally dismissed my example thinking that I was referring to a 3-phase load while everyone else was discussing 3 single-phase loads. In reality, they are the same.
Oh, as long as I am posting, Smart$ stated,
"The standard formula for calculating neutral current is only accurate under a unity power factor condition." This too is incorrect. The circuit analysis is the same regardless of any conditions, unless he is referring to some sort of shortcut formula that I have never heard of.
Contrary to what many people say (including myself), the currents don't literally cancel and disappear at the neutral. That view point is a result of nodal analysis, but when viewed via mesh analysis, the viewpoint is different. All three phases work in unison. If you analyzed the current using a mesh analysis you would see that the current flowing through one phase conductor splits off to the other phase conductors.
The reason why I brought up the previous example was to explain the difference between a fixed neutral voltage versus a floating neutral voltage, and how this impacts current flow at the neutral point. Even though my example used an unbalanced 3-phase motor, the same information still holds true for 3 single-phase loads.
This is a really, really broad topic and I know I haven't explained it very well because there is too much information, but if you ask a specific question about what I have tried to say, that I can answer.