SPAN develops a smart electrical panel that provides real-time energy monitoring and control at the room and appliance level, enabling homeowners to optimize energy usage and reduce costs. The system integrates with existing home battery systems and electric vehicle chargers, addressing the need for efficient energy management in residential settings.
Funding
$235.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+5Founders
Product
Problem
Traditional electrical panels offer limited visibility and control over energy consumption at the appliance level, making it difficult for homeowners to optimize energy usage, reduce costs, and seamlessly integrate renewable energy sources and smart home devices. Upgrading electrical capacity for new appliances like EV chargers or heat pumps often requires expensive and time-consuming utility upgrades.
Solution
SPAN provides a smart electrical panel and energy management system that delivers real-time, circuit-level monitoring and control of a home's energy usage. The system integrates with home battery systems, solar panels, and EV chargers, enabling homeowners to optimize energy consumption, extend battery life during outages, and avoid costly electrical utility upgrades when adding new appliances. The SPAN Home App provides a centralized dashboard for homeowners to monitor energy usage, control individual circuits, and pre-set appliance management preferences. SPAN's PowerUp technology automatically balances electricity use, allowing homeowners to add major appliances without exceeding their current electrical grid connection.
Target Audience
SPAN's primary customers are homeowners looking to optimize energy usage, reduce costs, seamlessly integrate renewable energy sources and smart home devices, and avoid costly electrical upgrades, as well as electricians, HVAC installers, solar installers, and builders.
Features
- Circuit-level control and real-time energy monitoring via the SPAN Home App
- PowerUp technology to avoid electrical utility upgrades when adding new appliances
- Integration with home battery systems (Tesla, Enphase, and others) for optimized energy usage and extended battery life during outages
- Compatibility with solar panels and EV chargers
- Energy-saving insights based on utility rates to quantify the impact of energy use
- Remote control and monitoring from anywhere
- NEMA 3R rated for indoor and outdoor placement
- Compliant with UL 1741 Power Control System (PCS) safety requirements
- CAD & BIM files and single-line diagram sets available for design and installation support