As mentioned earlier, sometimes impedance matters, sometimes not. The capacitance can cause all kinds of strangeness like having higher fault current at the remote end (in an impedance grounded system).
http://www.cdc.gov/niosh/mining/pubs/pdfs/deoco.pdf
Another big problem is that especially if the bus is connected very close to the transformer, the reduction in fault current may get low enough that the main breaker takes excessively long to trip and thus the incident energy increases paradoxically as you get further away from the transformer.
Generally I like to think of these things like a parabola. You are usually on either the rising or falling side of the curve. It takes at least three data points to determine where the parabola might fall and whether it affects your results or not.