SPAN Expands Smart Panel Offering with New Products That Can Save Builders up to $10,000 Per Home

LAS VEGAS--(BUSINESS WIRE)--Feb 24, 2025--

Today, SPAN announced two new models of smart panels, SPAN Panel MAIN 40 +MID and SPAN Panel MLO 48, taking a monumental step towards their vision of offering energy management for every home. The panels have 25-50% more breaker spaces than the original SPAN ® Panel and include SPAN PowerUp™ software, making any new home all-electric ready with a flexible electrical foundation for their evolving needs. According to builder estimates, the expanded product line can save home builders between $3,000 and $10,000 per site by avoiding the high cost of 400A utility service.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250224225261/en/

These new models were designed specifically to address pain points for builders and give them a leg up over competitors. Not only does the larger circuit capacity better meet the needs of newer, modern homes, but SPAN Fleet Manager can also provide valuable data and insights for builders to help pinpoint problems and reduce service costs. Fast, easy installation and improved real-time data cut costs and time while increasing customer satisfaction and more efficiently resolving warranty calls.

PulteGroup, a top 3 builder in the U.S. and SPAN partner, sees the expansion of SPAN’s smart panel family as an ideal solution for new home builders. “At PulteGroup, we are committed to building high-quality homes that are compatible with modern life – that means smart, flexible electrical systems,” said Kirk Hammersmith, National Director of Procurement at Pulte. “Our program with SPAN has been very successful and we’re pleased with the operational efficiency SPAN electric panels have enabled and the strong homebuyer feedback we have received. This larger, updated panel is the key to providing more homeowners with visibility, control, and savings on their utility bills. We are considering smart electric panels with advanced load management in many of our communities and we look forward to seeing SPAN continue to iterate on this powerful technology.”

Builders that choose the SPAN Panel provide homeowners:

- Unmatched energy management: 360 degree home energy visibility, circuit-level control, and ongoing utility bill savings insights in the SPAN Home ® App.
- Better backup: SPAN Panel MAIN 40 +MID has a built-in microgrid interconnection device which simplifies solar and battery integration, eliminating the need for a separate component. Compared to standard panels, all SPAN Panel models offer up to 40% longer backup duration, and real-time flexibility during an outage.
- Powerful energy foundation: Patent-pending SPAN PowerUp™ technology intelligently balances home energy usage and future-proofs the home. Even on standard 200A service, homeowners can upgrade their homes over time and install popular electric appliances like EV chargers and heat pumps without additional, costly electrical work.

“With more demand on our electric grid than ever before, we’re at a pivotal moment in our nation’s energy transformation,” said Arch Rao, co-founder and Chief Executive Officer of SPAN. “SPAN is revolutionizing the 100 year old electric panel, and the expansion of our smart panel family is a critical next step in this journey. We’re proud to help builders cut costs, deliver an unparalleled customer experience, and set modern standards for new-build homes.”

The new SPAN Panels will be on display at SPAN’s electrified home exhibit (West Hall #W3411) at the NAHB International Builder’s Show in Las Vegas, February 25-27. The products are currently available for purchase by select buyers, with delivery beginning in April 2025.

About SPAN

SPAN’s mission is to enable electrification for all and provide energy management for every home. SPAN designs products that remove barriers to electrification, providing a holistic approach to managing increasing demands on household energy. 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.

(Photo: Business Wire)

LAS VEGAS (AP) — The New York Knicks might get a trophy. Tyler Kolek's dad might get a car.

The NBA Cup final will have San Antonio against the Knicks on Tuesday night in Las Vegas. The game won't count in the standings, and the stats won't be added to any official totals. But there is a trophy, bragging rights and money at stake.

By making it to the final, the Knicks and Spurs already have secured $212,373 per player from the NBA Cup prize money pool. The losing team on Tuesday gets nothing extra. Players on the winning team get an additional $308,560 — pushing their Cup winnings to $530,933 each. Two-way players get half of what players on standard contracts get.

“It means a lot to some," Kolek said. “Maybe not as much to others, obviously.”

He's in the “some” group.

Kolek, a backup guard for the Knicks, is making $2.2 million this season. In the real world, that's a lot of money. In the NBA world, not so much. Take a look at some other Knicks players' salaries: Karl-Anthony Towns is making $53.1 million this season, OG Anunoby is making $39.6 million, Jalen Brunson is making $34.9 million, Mikal Bridges is making just under $25 million and Josh Hart around $19.5 million.

Those guys — and plenty of the Spurs players, too — are used to seeing checks exceeding $500,000. Kolek surely isn't. But he's earned his shot to win big in Vegas, by being a big reason why the Knicks got to the final.

New York outscored Orlando by 18 points in Kolek's 16 minutes in Saturday's semifinals. When Kolek wasn't on the floor, the Magic outscored the Knicks by six. He finished with four points and four assists; the stats might not seem impressive, but his energy was a huge plus for New York.

“Tyler did a fantastic job today, our young fella, of impacting winning,” Towns said after the game. “And he did that on a big stage. ... One of his finest games as an NBA player was tonight, and it may not show up on the stats sheet, but everybody in our locker room knows how important he was to us.”

Kolek took his NBA Cup quarterfinal bonus from last season, a little over $50,000, and bought his mother a car. This year, he has said it could be his father's turn for a new vehicle. The question is, will the bigger bonus this year lead to a better car for his dad.

Knicks coach Mike Brown — who raves about Kolek's competitive juices and has rewarded him with a bigger role in recent weeks — can't wait to find out.

“I just want to know if his dad’s going to get a better car than his mom or vice versa, because we’ll find out soon which parent he likes more,” Brown said, laughing. “Better be his mom. ... Hey, I’m not causing trouble. I've just got two eyes open. Wait to see what he’s going to do. Just take care of your mom. Just remember that. Take care of your mom.”

It's a nice problem to have, for sure.

“That's a big amount of money for a guy like myself," Kolek said. “It’s not only about the money. We want to win this to hold up the trophy and for the fans.”

AP NBA: https://apnews.com/NBA

Orlando Magic guard Desmond Bane (3) passes the ball between New York Knicks' Tyler Kolek (13) and Og Anunoby (8) in the second half of an NBA Cup semifinals basketball game, Saturday, Dec. 13, 2025, in Las Vegas. (AP Photo/Ronda Churchill)

New York Knicks guard Tyler Kolek (13) dribbles the ball during the first half of an NBA Cup semifinals basketball game against the Orlando Magic, Saturday, Dec. 13, 2025, in Las Vegas. (AP Photo/Ronda Churchill)