No, This Device Will Not Provide Big Electricity Bill Savings

Power saver scams

Online ads continue to pop up on Australian screens spruiking various magic products promising to slash electricity bills by “up to 90%”. All the devices and products of this nature I’ve seen are power saver scams.

For starters, the party or parties behind the campaigns don’t use accurate images in the ads. In one instance, the image used definitely won’t work as it’s a basic electromagnet. But after seeing the ad eleventy-bazillion times, I clicked to see what they were actually peddling.

The “real” device is one of the many versions of so-called power savers that are heavily promoted from time to time. They keep popping up as people keep buying them. These devices aren’t cheap given what they are – in one case costing around $75 a throw, and throwing it is what you’ll end up doing with one.

It could be the worst $75 you’ve ever spent as there have been some instances of these sorts of devices overheating and catching fire.

The “power savers” have been marketed under a bunch of names. Unfortunately in this incarnation thrust in front of Australian eyeballs, the device was given the same name as a legitimate electrical supplies company in Australia. That poor company, which had absolutely nothing to do with the scam, copped a virtual earful in online reviews.

Assuming it’s like other devices of this nature, it’s just a plug containing an LED, small circuit board and capacitor; basically an ineffective power factor correction capacitor. This doesn’t reduce the real (aka active/true) electrical power consumed by households and electricity retailers generally only charge households for their use of real electrical power.

This entertaining video goes into greater detail on what the devices are and why they don’t work. Kids (and adults), don’t try anything this fellow does at home in the way he does it. He seems to have a fetish for getting zapped – but it is worth watching just for that.

A Device That *Will* Slash Your Electricity Bills

A much larger device, or collection of devices, that can actually provide big savings on mains electricity bills is a professionally installed, good quality solar power system. While costing a bunch more than power saver scam devices, the payback on solar panels can be just a few years depending on your installation scenario and electricity consumption profile.

But finding the money to install solar panels can be challenging, even with the solar rebate that can knock thousands off the cost of a system. If you don’t have the cash available up-front, pick up some tips on solar finance options. Approached correctly, you can still save more money every month than it costs you to finance a system purchase – even including interest.

About Michael Bloch

Michael caught the solar power bug after purchasing components to cobble together a small off-grid PV system in 2008. He's been reporting on Australian and international solar energy news ever since.

Comments

  1. randy wester says

    An Xacto knife will slash your electricity bill in half.

    But they’ll just send one twice as big next month.

  2. Mark WIlliamson says

    The disappointing thing is ads for these things appear on websites like https://reneweconomy.com.au/
    So they really need to look at all the junk ads they allow on their website to pay the bills.

  3. Barry Dawson says

    As soon as the article says Public Utility Commission and refers to Lawmakers, my scam-meter went into overdrive.

  4. Yes, I got scammed as well, really angry with these people. Had mine plugged in for 3 months with NO change to my power bills. When I complained they offered me a 50% refund which I accepted and was able to keep my Voltbox. More rubbish into landfill.

  5. Ty Buchanan says

    Countries need to legislate to stop lying in advertising. It is rampant in all countries. If companies blatantly lie, hit them with a $million fine. Why isn’t the ACCC clamping down on this? TV ads are just absolute bullshit.

  6. Darren Berrigan says

    Just like fair tradingg in NSW, the accc is just a joke with cruise jobs for a bunch of lazy pricks on too much money to do stuff all. They don’t give a shit and are as bad as the scum they protect through their innaction. If you have a problem you have to take it to court yourself. Don’t waste your time trying to get satisfaction from government agencies they are another inefficient boys job that couldn’t run a chook raffle and cause more stress than the assholes that ripped you off in the first place….Oh and when you get to court good luck ,they don’t give a shit about fraudsters either.

  7. David yates says

    I just saw another ad on my google search page for a “ Voltizer “

    Why do company’s like “ GOOGLE “ support these scammers???????

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