This paper presents a method for integrating industrial consumers owning compensation systems as alternative reactive power sources into grid operating processes. In remuneration, they receive a market-based provision of reactive power. The aim is to analyze the potential of reactive power compensation systems of industrial companies connected to medium-voltage (10 kV–30 kV) AC grids in order to increase the reactive power ability of distribution grids. Measurement methods and reactive power potential results of six industrial companies are presented to characterize the amount and temporal availability of their reactive power potential. The presented approach for using the decentralized reactive power potential is a centralized reactive power control method and is based on optimal power flow (OPF) calculations. An optimization algorithm based on linear programming is used to coordinate a reactive power retrieval tuned to the actual demand. The influencing quantities are the current grid status (voltage and load flow capacity reserves at grid nodes and power lines) and the current reactive power potential of the reactive power sources. The compensation impact of six measured industrial companies on an exemplary medium-voltage grid is shown by an application example.