COS Ø = 0.99 indicates a high power factor for the transformer, meaning that 99% of the power is effectively used. This value signifies a small phase angle of 8.1 degrees between the voltage and current, which is important for understanding efficiency. The transformer operates with a primary current that includes 14.24% magnetizing current, affecting overall performance. The relationship between actual power consumed and the product of voltage and current is crucial for assessing transformer efficiency. A high power factor typically leads to better energy utilization and reduced losses in transformer operations.