Have you ever considered the idea of a time when you would not have to pay for your electricity bills. Have you ever felt the need of free electricity in your homes. Free magnetic electricity is the answer to all these never ending questions that man has. Free magnetic electricity can be used to power your TV, Refrigerator, Dvd player, etc and this would save you a lot of money in the long run. To tell you this in terms of a layman, magnetism and electricity have always been tied to each other as they are different aspects of electromagnetism. So whenever electric fields change they generate magnetic fields and when magnetic fields change they generate electric fields. Though free magnetic electricity is a very promising area it has its own hurdles at the moment. There are many companies that are trying to be part of this race and they are working on realizing a device that would help us achieve the dream of the free magnetic electricity. Companies like millennium technologies and Lea have started working on products that can do the same. One of the products is designed in such a manner that if you give it a input of 200V the output of the device would be approximately 1200V which is a 6 folds increase. Though this means that at present it is not a completely free magnetic electricity but eventually after some time more amplification could be achieved and in such a case the input would be like 10V and the output would be still be around 1200V. There have been conceptual designs that have implemented wherein the magnetic energy is used to generate the electricity in the car engine design ( the actuator). Taking that analogy, if we can replace the turbine that generates electricity by using coal and replace that turbine with a permanent magnet that is aligned in such a manner that the magnet keeps on rotating the turbine and generating electricity then we can have free magnetic electricity in our homes and offices. Free Magnetic Electricity would then not only solve the issues that we have with our dwindling finances and budget cuts but it will be a clean technology that would help us lead a better life as magnetic energy would not release any toxic gases to pollute the world. In conclusion, I would like to say that free magnetic electricity is something which would be beneficial to the whole world and hence we need to make sure that it become a reality by promoting its usage around the world.