[Yo-Yo]

On an industrial scale, users get charged a premium for having a low power factor, so it pays to install power factor correction capacitors.

For an electric motor as small as those used on ceiling fans, I doubt that power factor correction would amount to much savings because residential meters don't measure power factor (or maybe the new Smart meters do?)

[EVO X]

I doubt that power factor correction would amount to much savings because residential meters don't measure power factor (or maybe the new Smart meters do?)

I agree. $39 dollars in electrical savings is hardly worth the effort. Not sure about the smart meters..