Most utilities only examine the power factor (kW / kVA) at the main service supply point, and then only for the values at peak for any given billing period.
In much of Canada, the magnitude used for the demand charge is expressed as "90% of the peak kVA, or 100% of the peak kW, whichever is greater".
These means that the demand portion of the bill will be the same whether the pf is 90.001% or 100%, but will increase if the pf (at peak) becomes lower than 90%. Interestly, older 'inductive-wheel' kW meters cannot sense the difference between 'leading' and 'lagging' pf's.
I am aware of a case where an industry had a leading pf, much less than 90%, and paid a 'power factor penalty' for the priviledge of furnishing some excess kVARs back into the grid, which actually HELPED the utility with its current flow and voltage support! The industry had shut down most of its process, but had neglected to review the size of the fixed capacitors installed at their main.
So, many industries can predict what their peak load and pf will be at peak, and if this is expected to be more-or-less constant in the long run, then they install a suitible FIXED capacitor at their main to improve their bills.
This saves them money from the utility, but they lose the opportunity to reduce current flows and correct phase angles within their facilities. Correcting a pf from 70% to 90% at the point of consumption (such as a motor) reduces incoming currents by over 20% all the way back to the main, improving voltages, extending the life of plant electrical infrastructure and returning extra capacity to the system for other new loads.
BTW, the use of reactors is very important if drive controllers are present.