Any info/experience with Ting Fire (Ting electric/electromagnetic) sensor?

I had state farm but switched. They left my ting running for a while but just started sending emails about canceling my account. Im going to bust it open soon if anyone is interested in assisting hacking it.

I wonder what it is monitoring exactly. If it is just spikes and drops, it seems like esphome with a power sensor could come up with the same data.