A load forecasting analysis system for calculating a customer baseline load (CBL). The load forecasting analysis system includes a CBL forecaster for receiving a load profile and providing a CBL forecasting method, a period selector for selecting conditions used to calculate the CBL using the load profile, a CBL processor for calculating a forecasting value by forecasting the CBL using the CBL forecasting method according to the load profile and the conditions, and a CBL determiner for calculating an error value by comparing the load profile with the forecasting value.