Century Approves $871 Installation Of Device To ‘Recycle’ Electricity

June 19, 2012

The Town of Century is moving forward with the installation of an energy savings box that a salesperson promised would save the town money on electric bills by “recycling and reusing” electricity.

Two weeks ago, the town voted to purchase the device, and Monday night the town council approved spending $871 for Paul Patrick Electric of Milton to install the “Peak Energy Saver”.

Don Statam of Peak Energy Technology told the council that the Peak Energy Saver would save the town about $300 per month if installed at a water tower that serves the Century Correctional Institution.

The “power factor correction unit” works by storing electricity in capacitors until it is needed for the excess starting load created by electric motors.

The town will pay $750 up front for the device for a 90 day trial period. If the town is satisfied that the Peak Energy Saver actually saves money, the town will pay an additional $750 to complete the $1,500 purchase price. In the event the town is not happy within the 90 day period, Statam said the company will provide a full refund, minus installation costs.

“That electricity just goes back out the wire,” Statam said two weeks ago as he demonstrated a Peak Energy Saver for the Century Town Council. “They (the power company) just sells it to you over and over again….Gulf Power themselves capture it to use again.”

Picture top: Don Statam of Peak Energy Technology demonstrates a “Peak Energy Saver 200″ for the Century Town Council on June 4. Pictured inset: A closeup of the device. NorthEscambia.com file photos, click to enlarge.

Comments

9 Responses to “Century Approves $871 Installation Of Device To ‘Recycle’ Electricity”

  1. do what on June 21st, 2012 5:13 pm

    Cmon man really

  2. JIM W on June 19th, 2012 12:52 pm

    This is kind of hard to beleive. But I did look it up and it seems even Honeywell has gotten into the business somewhat by providing service with theie produt to CPS Energy for conhtroling cost when the power grid is at int’s most costly time or peak time if you will. This is helping the home owners per say. Check it out.
    Just saying it may be true.

  3. JOHN BODIE on June 19th, 2012 12:47 pm

    This is a win win situation for the Man selling it….it may work,,

  4. charlie on June 19th, 2012 12:41 pm

    I have six wells, each one has a control box with capacitors that store electricity for the heavy starting load. They look exactly like the one pictured only mine have a screw instead of a pop rivet holding the lid on. Also mine only cost $79 dollars!

  5. jeeperman on June 19th, 2012 11:37 am

    If this device actually did what is claimed it can do, do you think they would have to have salesman selling it to towns like Century?

    Reminds me of the people advertising that if you send them $20, they will show you how to get rich.

  6. David Huie Green on June 19th, 2012 11:08 am

    REGARDING:
    “That electricity just goes back out the wire,” Statam said two weeks ago as he demonstrated a Peak Energy Saver for the Century Town Council. “They (the power company) just sells it to you over and over again….Gulf Power themselves capture it to use again.”

    Electricity is flowing electrons.
    Gulf Power doesn’t sell electrons.
    They sell the work those electrons do.

    I’ve heard you don’t HAVE to know what you’re talking about to be a good salesman, that in some cases it actually helps if you don’t. I wonder if that applies here.

    David for recycled electrons
    because there’s such an electron shortage

  7. CJ on June 19th, 2012 9:22 am

    Anyone with even a small amount of electronics education knows this to be blue smoke and mirrors.

    Simply hooking a power meter up with this “device” and comparing before and after figures will show this.

    Yeesh…

  8. 429SCJ on June 19th, 2012 6:05 am

    It only works if you believe!

  9. c.w. on June 19th, 2012 4:59 am

    Sure hope this works but , ???????

Written by William Reynolds · Filed Under News