Load Flow calulation methods can usually be divided into Gauss-Seidel method, Newton-Raphson method and decoupled method. Load flow calculation is a basic on-line or off-line process for power system planning. operation, control and state analysis. These days Newton-Raphson method is mainly used since it shows remarkable convergence characteristics. It, however, needs considerable calculation time in construction and calculation of inverse Jacobian matrix. In addition to that, Newton-Raphson method tends to fail to converge when system loading is heavy and system has a large R/X ratio. In this paper, matrix equation is used to make algebraic expression and then to slove load flow equation and to modify above defects. And it preserve P-Q bus part of Jacobian matrix to shorten computing time. Application of mentioned algorithm to 14 bus, 39 bus, 118 bus systems led to identical results and the same numbers of iteration obtained by Newton-Raphson method. The effect of computing time reduction showed about 28% , 30% , at each case of 39 bus, 118 bus system.