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SPAN Announces Expanded Product Family, a Global Strategic Partner in the Utility Segment, and Scaled Adoption by Leading Homebuilders to Electrify 10 Million U.S. Homes by 2030

The new products will bring connected energy management solutions to millions of customers, saving them money and paving the way for further adoption of clean energy solutions.

SPAN, the innovator in home energy management technology, continues to deliver new solutions for customers by expanding its industry-leading product family, offering a wider range of price points and greater flexibility in installation environments, and adding leading strategic partners in the utilities and home builder spaces.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240312989598/en/

SPAN Product Family (Photo: Business Wire)

SPAN Product Family (Photo: Business Wire)

The path to decarbonization requires electrification of the homes we live in and the vehicles we drive. Accelerating this transition is challenging as existing infrastructure and installation methods were not designed for these products and load additions. Successful solutions must meet these challenges and account for the unique electrification goals and requirements across all customer categories, from builders, to utilities, to homeowners.

By expanding its product family, SPAN is meeting the needs of more customers with different installation requirements and product needs, growing the demand for smart panels, and enabling its mission of electrifying 10 million U.S. homes by 2030.

SPAN’s expanded line of products are purpose-built to fit the needs of all customers—from homeowners, to homebuilders, to grid operators—in their individual electrification and renewables journey, offering an unparalleled energy management and customer experience. With the expanded SPAN Panel family, customers will be able to access SPAN’s best-in-class energy management capabilities, including SPAN PowerUp, in form factors that meet their specific needs, reducing installation costs in the process.

The SPAN Panel product line will now include:

  • SPAN Panel 48 - The largest addition to the SPAN Panel family, the SPAN Panel 48 is geared towards new home construction, enabling builders to avoid expensive infrastructure costs when building all-electric or future electric homes, with best-in-class energy management, storage and charging capabilities of SPAN Panel 32.
  • SPAN Panel 32 - Currently available and deployed across the U.S., SPAN Panel 32 serves both the retrofit and new home construction categories, providing software-defined, whole-home backup management when paired with one of several compatible energy storage systems, as well as reducing the costs of electrification.
  • SPAN Panel 16/24 - Focused on retrofit electrification, SPAN Panel 16/24 is a field-adaptable, smaller Panel form factor that enables SPAN PowerUp functionality for major electric load additions, reducing both hardware and labor costs compared to larger panel form factors.
  • SPAN Meter 8 - Designed to offer unparalleled capabilities when paired with smart meters, SPAN Meter 8 offers utility/grid operators advanced metering, submetering, demand flexibility and better utilization of the distribution infrastructure.

In addition to the expanded form factor, SPAN is expanding the Panel family to include 208v in addition to 240v versions, enabling electrification in multi-family and small commercial buildings.

With this expanded product family, more customers will have access to SPAN’s leading energy management functionality, PowerUp, released in Q4 of 2023. With PowerUp, SPAN ensures that customers will not go above the utility service their homes are rated for, an important factor when considering the increased electric loads to adopt EVs and the transition away from gas appliances. With PowerUp, homeowners can safely and cost-effectively electrify their homes in addition to adding visibility and control to help save on energy bills.

“The expanded family of SPAN panels along with our unique service-upgrade avoidance capability now allows us to accelerate the electrification of multiple building types,” said Arch Rao, CEO of SPAN. “These products are the result of an extraordinary team and the invaluable feedback from our launch partners in the new homes and utility categories. With an ambitious vision to electrify 10 million buildings in a decade, we are well positioned to address the market demand delivering value to customers at all stages of their electrification journey.”

In addition to expanding its product family, SPAN also recently announced two partnerships with industry leaders Landis+Gyr and PulteGroup to advance electrification in the utility and new home construction spaces.

SPAN currently has panels deployed in all 50 states and Puerto Rico. SPAN will continue to expand the functionality of its installed products via regular over-the-air updates. The expanded family will begin roll-out in Q4 of this year beginning with the SPAN Panel 48.

ABOUT SPAN

SPAN’s mission is to enable electrification for all—aiming to electrify 10 million U.S. homes by 2030. SPAN is developing products to remove barriers to electrification, providing a holistic approach to managing increasing demands on household energy with the belief that powering your home with clean energy should be a simple and delightful experience that is technology-forward and human-centered. For more information, go to span.io.

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