Patent ID: 7295097

Claim:
An energy saving system for a unit requiring electricity comprising: a. a single power delivery line providing electricity with a voltage and an amperage; b. a magnetic induction device adapted to surround the single power delivery line, wherein the magnetic induction device applies a magnetic field region to the power delivery line to reduce amperage up to about 25%, wherein the magnetic induction device comprises: i. from about 35 wt % to about 45 wt % of an epoxy resin; ii. from about 30 wt % to about 40 wt % of a polymer; iii. from about 1 wt % to about 4 wt % of dimethyl sulfoxide; iv. from about 4 wt % to about 7 wt % of a transition metal; v. from about 10 wt % to about 20 wt % of a magnetic material; and vi. from about 1 wt % to about 5 wt % of a catalyst.