The lack of investiments and the ecological matter have limited the expansion of the transmission system. This reality, together with the growth of the load, makes the electric systems to work heavy loaded. This new condition can lead to situations of voltage collapse. The development of methods for evaluation the loading of the transmission network became necessary and indispensable in understanding the performance of the system under these conditions and in making possible the operating in a correct way. The transmission system loading can be evaluated by nodal conditions associated to the maximum active and reactive power flow that can be transmitted from generators to loads. These nodal conditions are assessed by an analytic tool based on a a mathematical model. Simple but powerful, derived directly from a physical interpretation of the phenomenon. Meaningful and comprehensive indexes are obtained from a partition of the jacobian matrix of the system. They indicate the operation area in the V x P, Q curve, the margin in MVA for the maximu loading, the relative importance among the busbars, and a measure of transmission difficulty. The voltage control is of paramount importance on operating consitions and therefore should be included in the problem modeling. Usually they are voltage control by tap adjstment of LTCs and voltage control (local and remote) by injection of reactive power. The control is constrained by limits on the taps of transformers, on reactive power injection and on voltage magnitudes. In this work it is shown how the controls and limits related with the voltage should be include in the analytical tool for the evaluation of the transmission system loading. The index calculated adequately is null in the point of maximum power transfer, positive in the upper half and negative in the lower half of the V x P, Q curve. It is shown that the voltage controls and limits of the system can and should be represented in the Jacobian matrix of the linearised system of equations, except on bus under analysis, even if it is a voltage controlled bus.