An energy savings and surge protection devices device that saves electrical energy by optimizing the power factor in single-phase and three-phase applications through the use of capacitors (10) with fixed levels of capacitance and variable capacitance capacitors (13) while providing selectable periods of correction for periods of high or low energy demand through the use of on/off switches/buttons (6), timers (12), meters (17), and servo-loop controls (14) which are used to activate and deactivate capacitors (10) with fixed levels of capacitance and/or discreet capacitive cells (15) of variable capacitance capacitors (13). Additionally, surge protection is promoted through the use of surge arresters (11), also called metal oxide varistors (MOVs).