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

• Partnerships with homebuilders like PulteGroup boost SPAN Panel adoption in new constructions.
• Utility partnerships enhance grid flexibility, positioning Span in the energy transition.
• Growing demand for energy cost reduction aligns with Span's cost-saving solutions.

What critics are saying

• Increased competition from companies like Google threatens Span's market share.
• Supply chain risks with Jabil partnership may impact product delivery and quality.
• Rapid expansion to electrify 10 million homes may strain Span's resources.

What makes Span unique

• Span offers real-time energy management with its SPAN Panel and Home App.
• The SPAN Panel integrates with existing home systems, including EV chargers and storage.
• Span's Authorized Installer Program provides advanced training and support for electricians.

Help us improve and share your feedback! Did you find this helpful?

YesNo