The PowerMax Smart Plug, as the name suggests is a plug that integrates the newest technology to store electric energy that would otherwise be wasted anyway.
Essentially, electricity that comes to our homes is not stable in nature. There are fluctuations, rise and falls, and spikes in the current.
Electricity goes to waste when the rise and fall in voltage is not used by the appliance. This basically means money goes down the drain if electricity is unutilized.
The capacitor in this device will act as a storage for the unused energy from the spikes for later. Thus, reducing the electricity draw from the main supply.
This translates to instant savings since less energy is used. Users can expect to see at least a 40% reduction in their electricity bills in just one month of usage.