Not at the power company I work for , I work in substations and we use larger scale capacitor banks that we put on line in the summer but I don't know of any single phase Caps in on our distribution feeders
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Those big caps at the substation can only work to certain distances. Line deployed pf correction is very prominent and very effective at distances further away, in addition to the caps substations. You may not know of any single phase caps in your system, but I would be surprised if you told me there were none.
As electrofelon stated, this is an older 4800v ungrounded delta. Lower voltage systems are more prone to voltage drop, which can indirectly affect power factor.
Power factor correction on delta systems fed from a wye system is even more important, as you are usually limited to the rating of the mid line pot, which changes your wye into a delta
Where I work we have some very long dead end feeders, some more than 22-28 miles from the sub. And I want to say we have single phase power correction on 85% of those lines, both delta and wye. Especially when the 3 phase drops out and its just a single phase feeder for 6-7 miles.
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