Light will only flicker if the load on the circuit is causing significant voltage drop - this happens when you draw too many amps on a too thin wire. This is why when you turn hair dryer in your bathroom on same circuit as lights in said bathroom and its only 15amp circuit with wires sized accordingly & hair dryer is also 15amps you are likely to get a little brown out.
But most RPCs are set on separate circuit to say lights in the garage, and down line wire, where they meet is for 100amps (or more). Even with large inrush at least in my case there is no light flicker in the whole garage.
Down at the pole they should have also enough spare capacity to prevent few houses to flicker - I guess until one or more of my neighbors buys a large welder and starts taking out serious amps.
My mill light - which is powered via 240-24v transformer from RPC does flicker if I turn the mill on above around 1200 rpm.
When my lathe starts with its 10hp engine driving larger chuck at speeds over say 1000 rpm I would not be shocked to see 15-20V drop. Too much of a drop can be bad for the motor.
Before VFDs there were delta - star switches & more friendly machines simply had clutches.
In a factory I doubt they would pay more for electricity - as they had many motors (relatively small to overall supply) and I don't think they all started at the same time. Maybe you mean just a waste through reactive power - multiple too big motors for application running at say only 20% of load say a set of conveyor belts - that would be bad indeed. this is why old welders went out the door - they had, even with bank of capacitors, lots of reactive power & thus did cost factory arm and leg in electrical costs for no work done. None of this applies to home, we do not pay (I hope) for power we don't use.