You are not normally charged extra anymore for poor power factor, but applying power factor correction can be a benefit when installing long cable runs for large loads such as submains. This is especially so with todays cable prices.
Industrial supplies are based on size, and you pay an "availability charge" for the privildge of having an "agreed capacity" supplied to you. If you exceed this capacity, you are charged.
I work on some refridgeration sites, and they have mains loadings in excess of 800amps a phase, and would be charged £200 per 24hr for any jumps over their agreed capacity. It can be a juggling war trying to balance the need to pay for a high agreed capacity vers the cost of exceeding the agreed availabilty. This is especially so in refridgerated sites who use more lecky in the summer than they do the winter months.
Recently, it was more cost effective for a site I deal with to pay the 'fine' than to increase their capacity, as they where already upto the maximum 300amp per phase, and the cost of an upgrade from the DNO was in excess of £75,000 without contracting costs. This was due to a poor HV supply to a smallish industrial estate. The HV system needed reinforcing to provide the required supply. I lost count of the amount of times I had to attend site and whap the ACB back on (the DNO padlock was
missing )
Just as a reference, it is typical for an electricity bill to run anywhere between £15,000 and £50,000 per month on sites like this.