I have no idea where you are getting this "adding a lot of power wasting resistive load."170614-0858 EDT
Smart $:
Displacement power factor that is created by a linear inductive or capacitive load is not normally considered to be corrected by adding a lot of power wasting resistive load. However, added resistive loading does somewhat improve power factor. But that is only because of the increased real power load in the numerator of the PF eqauation.
To correct reactive power factor one has to use the opposite type of reactive component.
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We have a powered VFD and a motor. The power factor exhibited on the input is typically less than the power factor exhibited between VFD and motor. Added load (VFD losses) is minimal if not insignificant. I, as most, call this power factor correction. :happyyes: