I'm feeding a new distribuion panel that will serve multiple 208/120 3ph panels and some 208v, 3ph equipments. The connected load is approx 1050 amp at 208v 3ph. Im picking a transformer size for this New Dist. Pnl. I'm picking a 480v 500KVA and that's base on the secondary output of 1388A. Am I correct or can I go with a smaller Transformer. I believe the next lower sizes is 350KVA and that only allows for 972Amps. The other question is that a demand factor has not been applied to the connected load. If I new what demand factor to use I made be able to reduce the transformer size. I'm just confused regarding transformer size.