Extra modulation headroom can be had two ways. The modulation transformer turns ratio can be reduced (less step-down), or the plate voltage on the modulator can be raised, relative to the final.

Many transmitters run the same voltage to the modulator and final, and use a transformer with a turns ratio of about 1.6:1 to 1.7:1. This just barely allows about 95% modulation before the waveform flat-tops. Often this is done intenionally to prevent "overmodulation". The problem is, the flat-topping caused by modulator saturation produces exactly the same kind of splatter and distortion as overmodulation, so this is a bad idea.

Since my voice is asymmetrical, I need the extra headroom to accomodate the positive modulation peaks without splatter and distortion. But the modulation transformer is fixed ratio, so I raise the modulator plate voltage well above the final amp plate voltage. I adjust to just below 100% modulation in the negative direction, per the oscilloscope, and let the positive peaks go where they may, making sure they don't flat-top.

This same principle has been used since the late 20's, to 100% modulate using a class-A single-ended Heising modulator. Using the same plate voltage resulted in maximum modulation percentage of about 60%. Often the PA plate voltage was reduced using a series power resistor by-passed with a HV oil capacitor.

Many, if not most hams have an exaggerated opinion of the efficiency of their transmitters. The efficiency figures given in the tube data sheets are much like the EPA mileage estimates listed on the showroom sticker of a new car. Yours is likely to be much lower.

The modulation transformer itself will probably be less than 90% efficient. Then you have losses in the plate tank circuit, the antenna tuner (if one is used), and the antenna feedline. These losses all add up, so that most plate modulated amateur transmitters do well to get much more than about 50% efficiency, when comparing DC input to the final to rf input to the radiating antenna.

Comparing rf input to the radiating antenna to the power drawn from the a.c. power mains, you are likely to have a dismal figure of about 20% efficiency (maybe 30% in exceptional cases) with a tube-type transmitter. That is one of the main reasons why the broadcast industry has converted over to high-efficiency solid state transmitters as rapidly as possible.

Don k4kyv
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