Kennedale, Texas.  Population: 7,100.  As cities across the nation deal with shrinking budgets, the Tarrant County town actually has some extra money on its hands. 

“We’re always happy when we can take a tax dollar and stretch it much further,” said Bob Hart, Kennedale City Manager. 

The city invested $8,000 in several units that claim to save money on electricity bills.   The units worked. 

“We’ve saved about $40,000” said Bryan Lankhorst, Kennedale Mayor.     

Peak Energy Technology was started by Arlington resident William Weideman.   Their product recycles electricity. 

“Who doesn’t want to recycle?  And who doesn’t what to save money,” said Weideman. 

Peak uses the motors and transformers already in your home.  Like AC’s, washing machines, and even video games.     

“They all need magnetic energy to function,” said Weideman. 

Weideman uses a sample motor in a demonstration.  

“We are buying from the power company, about seven amps,” said Weideman. 

Flip on the switch that recycles the energy. 

“You can see now we’re only buying about 2 ½ amps,” said Weideman.   

The city helps Kennedale’s budget across the board.

“We haven’t had to increase our tax rate,” said Lankhorst.    

Right now, five Kennedale locations have Peak’s units, with two wells as the biggest money savers.  But City Hall, the Library and Senior Citizen Center have also saved a nice chunk of change in the last 18 months.  

“That money really goes back and has helped finance the street improvements that you see around town today,” said Hart. 

And it’s not just cities, the same type of unit can be installed in a home.  Total cost for a home owner, around 600 bucks.    Peak says you’ll notice a difference in the first month.