At least where I live, we pay an estimated value every month, and then when they come to check the numbers on the meter, they either add a surcharge or a credit to the next bill. So if we lowered our power draw thanks to the device, we'd get a credit after the next reading.
That said, I don't know if the person your quoted is in the same situation or not.
That said, I don't know if the person your quoted is in the same situation or not.