where i agree with u on the 20% range
this truly olny came ot after the over-sea's winder's got involved
hammond always stuck it it's 10% rule
which made the math easy
i have seen them run as high a 30% yes that large...
personally i would never use over 15% unless i am in a pintch..
i take full load into account when i spec..no longer need the paper
i just spit out..so for a 120-120,i would expect output no-load
about 125-127..i am good at 127..as our power line's jump that high under no-load
and can and will drop to 98,that is a 20% +/- a few point's range
but at 127,i keep in the back of my mind the jump in power grid,and pray
ed