Reducing voltage to reduce energy consumption, referred to as conservation voltage reduction (CVR), can lead to energy savings. Calculating the effects of reducing voltage requires accurate load models. This paper investigates a load-voltage dependency factor that can be measured via field experiments using common existing instrumentation. A relationship between the load-voltage dependency factor and the percentage of the load that is constant impedance and the percentage that is constant power is presented. A new coordinated control algorithm using the load-voltage dependency factor measured by the field experiments is proposed. Parametric studies are presented which compare CVR with coordinated control versus traditional control. Across the two model comparisons of minimizing energy consumption, the coordinated control for conservation voltage reduction showed significant energy reduction over local control.