Recently there's been a bit of buzz about a new device being sold by Ace Hardware, Manila's dominant hardware retail franchise: a plug-in device called Extreme Power Saver that claims to be able to reduce electric waste from certain home appliances by 20-35%. Here's the description on the (shady looking) box:

An electrical device that helps reduce electrical consumption of inductive or motorized home equipment of appliances such as air conditioning, water pumps, washing machines, etc. Extreme Power Saver is a device that recycles the partial electric waste generated by the said inductive equipment. This recycled electrical power is then fed back to the same circuit at the same time thus reducing the need for fresh electrical power.

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