A vibration dampening device is operable to dampen vibrations within ropes of an elevator car or other components to improve ride quality, and is further operable to harness or harvest and convert energy from those vibrations into electrical energy. The dampening device includes a macro-fiber composite and the vibrations are communicated or transmitted to the macro-fiber composite. The macro-fiber composite is operable to harness or harvest and convert energy from vibrations into electrical energy. Such electrical energy is communicated or transmitted to a control system of the elevator car for storage and/or use.