This paper proposes a method for estimating the load pattern for optimal planning of stand-alone renewable microgrids and verifies when the basic data for microgrid design are limited. To estimate a proper load pattern for optimal microgrid design when the data obtained in advance are insufficient, the least squares method is used to compare the similarity of annual power consumption between the subject area and eight islands in Korea whose actual load patterns were previously obtained. Similarity is compared in terms of annual (every month), seasonal, bi-monthly, and monthly averages. To verify the validity of the proposed estimation method, the applied proposed estimation method is used for two islands that have already installed a microgrid consisting of photovoltaic, wind power, energy storage systems, and diesel generators. In comparing the actual data from the two islands, the costs of electricity in terms of microgrid operations show improvements of 37.2% and 29.8%, respectively.