Yes, I do understand how a utility works. Intimately. I also understand power transmission, distribution, generation, power factor, watts, VARs, Volt-amps, etc., intimately. I understand efficiency programs, too. A few more than 2 years, as well.
PAS is a scam as I've described. I didn't learn why it's a scam from that video, that's just a simple demonstration that explains why it's a scam in reasonably simple terms, targeted at folks who don't understand electricity and might fall for the scam.