A large-scale, capacitor-based electrical energy storage and distribution system capable of effectuating load-leveling during periods of peak demand on a utility, and of effectuating a cost savings associated with the purchase of electrical energy. A capacitor or multitude of capacitors may be charged with electrical energy produced by the utility, such as during periods of low demand or low cost, and discharged during periods of high electrical energy consumption or high electrical energy cost. One or more capacitors may be located at a consumer's residence or business. Alternatively, a farm of capacitors may be provided at or near a utility, or at or near a location experiencing high demand. In another embodiment, one or more capacitors may be located in or on a vehicle, such as an automobile, a truck, or a train of a light rail system.