About

Span provides solutions for homeowners to manage and reduce their energy costs through its main product, the SPAN Panel. This smart electrical panel allows users to monitor and control their energy usage on a circuit-by-circuit basis via the SPAN Home App. The panel integrates with existing home energy systems, including storage systems and electric vehicle (EV) chargers, enabling homeowners to schedule EV charging during off-peak hours and prioritize essential circuits during power outages. Span aims to help homeowners save on energy bills by up to 15% and extend battery life by 40%. Unlike competitors, Span focuses on providing cost-saving solutions without requiring expensive service upgrades, making it particularly beneficial for owners of older homes. The company also supports electricians through its SPAN Authorized Installer program, offering training and resources to help them generate additional revenue.

Simplify's Take

What believers are saying

• Span.io's collaboration with Jabil ensures the ability to meet accelerating demand with high-quality manufacturing.
• The expanded product family and strategic partnerships aim to electrify 10 million U.S. homes by 2030, indicating significant growth potential.
• The partnership with PulteGroup and other homebuilders positions Span.io as a preferred energy management solution, potentially leading to widespread adoption.

What critics are saying

• The need for extensive partnerships and collaborations may lead to dependency on external entities, affecting Span.io's operational autonomy.
• The competitive landscape in smart home energy management is intensifying, requiring continuous innovation to maintain market position.

What makes Span unique

• Span.io's SPAN Panel offers real-time, circuit-by-circuit energy management, a feature not commonly found in traditional electrical panels.
• The company's focus on integrating with existing home energy systems, including EV chargers and storage systems, sets it apart from competitors who may require more extensive home upgrades.
• Partnerships with global leaders like Jabil and strategic alliances with homebuilders and utilities enhance Span.io's ability to scale and meet diverse customer needs.

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