A reactance (capacitive and/or inductive) module that may be connected to an electrical power system of a real estate property such as a residential or commercial property. If the electrical power system has a net reactance power that is degrading a power factor of the electrical power system, the reactance module may compensate at least in part for this net reactance power by turning on and off various reactance banks. For instance, net inductance can be compensated for by turning capacitive banks on and off. An external monitoring entity may receive remote communications from the reactive bank, allowing the external entity to track energy savings, energy credits, and perhaps even control the reactance module to improve power factor.