The role of load modeling in power systems is crucial for both operational and regulatory considerations. It is essential to develop an effective and reliable method for optimizing load modeling parameter identification. In this paper, the dung beetle algorithm is improved by using the good point set, and a load model parameter identification strategy based on the good point set dung beetle optimization algorithm (GDBO) within the framework of the measurement-based load modeling method. The proposed parameter identification strategy involves utilizing PMU voltage data as input, selecting a comprehensive load model, and refining the initialization process based on the good point set to mitigate the influence of local maxima. Through iterative optimization of the objective function using the Dung Beetle Optimizer (DBO) algorithm, the optimal parameters for the comprehensive load model are determined, enhancing the model’s ability to accurately capture the power curve. Analysis of examples pertaining to PMU-measured modeling parameter identification reveals that the proposed GDBO algorithm, which incorporates a good point set, outperforms alternative methods such as the improved differential evolution algorithm (IDE), particle swarm optimization algorithm (PSO), grey wolf optimization algorithm (GWO), and conventional DBO algorithm. This demonstrates the superior performance of the introduced approach in the context of load model parameter identification.