By CBS News Staff Writer(CBS News) It is the kind of thing that you could put on your credit card and it will save you money on your electricity bill.
But a new device developed by GE has been shown to be effective at stabilizing electricity fluctuations in a home’s main supply line.GE is the company behind the PowerCore power stabilization unit that has been on the market for several years.
GE says the device has helped homeowners in Florida save thousands of dollars in electricity bills, especially in rural areas where people live off the grid.GE says it has been using the Powercore for a couple years and has seen “significantly lower fluctuations in the main power line.”
In the last few months, GE’s PowerCore has been credited with saving thousands of customers in Florida.
In a press release, GE says it will be showing its new device at the Electric Power Supply and Distribution Association’s PowerTrend Conference in Tampa next week.
The company says it is also developing other new products to address the power fluctuation in homes, including a new stabilizer for electric vehicles.
The PowerCore is based on a battery that is “based on an internal battery that has already been validated by independent testing laboratories,” according to GE.
GE also says it expects to be able to produce and market these stabilizers “in the near future.”
According to GE, it has seen the device reduce fluctuations of more than 100 percent in its main supply voltage by 10 percent and it has also reduced power fluctuations by more than 20 percent.
GE’s product is not a replacement for home owners or other utilities who may be looking for a device that can help them.
“With the PowerCores unique stabilizer technology, it can be used in a variety of applications including home energy control, heating, cooling and even energy conservation,” the company says.
“In the next year, GE will begin offering these stabilizer products to the general public.”GE’s PowerCodes can also help power outages and power outage recovery.