SPAN Expands Beyond Smart Electrical Panels And Creates a New Category of At-The-Meter Products Built for Utilities to Meet Load Growth with SPAN® Edge

SAN FRANCISCO--(BUSINESS WIRE)--Mar 25, 2025--

Today, SPAN expanded its product suite with SPAN Edge, an Intelligent Service Point TM device designed for utilities to better manage the distribution grid and rapidly enable home electrification. This cost-effective and scalable product establishes a new category of “at-the-meter” grid technology, going beyond traditional metering to deliver real-time, autonomous power controls. With this technology, grid operators and ratepayers can collectively benefit from the increased utilization of existing distribution networks. SPAN Edge is designed to be installed in under 15 minutes by a technician and unlocks reliable, flexible load shaping benefits that are broader and firmer than traditional demand flexibility resources. The solution enables homeowners to add EV chargers, heat pumps, batteries and more without increasing a home’s electrical service, all while providing utilities unprecedented coordination at the grid-edge. SPAN also jointly announced an expanded partnership with Landis+Gyr, a leading global provider of integrated energy management solutions, to offer SPAN Edge to its utility partners across North America.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325022342/en/

The launch of SPAN Edge is a pivotal milestone in the company’s growth, marking its natural evolution from a home electrification company to a leading energy infrastructure partner. “SPAN is focused on delivering purpose-built solutions that outperform legacy means to address load growth,” said Arch Rao, founder and Chief Executive Officer of SPAN. “Traditional infrastructure upgrades are slow and expensive to deploy, while behind-the-meter devices are complicated by intermittent reliability and control limitations. SPAN Edge is powerful, scalable and reliable, providing device-level visibility and control. By equipping utilities with an innovative, at-the-meter solution designed to affordably meet load growth, SPAN is helping to catalyze an electrified future for all.”

This announcement is coming at a critical moment for the energy industry. In order to meet forecasted demand growth, over half of the planned $1.3 trillion spend on U.S. utility infrastructure by 2030 will focus on improving transmission and distribution. SPAN Edge technology is positioned to bring down these costs by up to 50% for high grid value communities while still meeting demand growth. Furthermore, by combining these cost savings with faster deployment timelines, SPAN Edge is predicted to help meet regulator and ratepayer objectives.

Additional benefits include:

Leading utilities like Southern California Edison view this innovative solution as a potential win-win for customers and for grid infrastructure. “We see great promise in SPAN Edge as a strategic tool for grid modernization efforts. We value the solution's ability to enhance customer engagement, support load growth, and improve operational flexibility and system utilization — helping to drive greater efficiency and cost savings,” says Shinjini Menon, Senior Vice President of System Planning & Engineering.

Providing Utilities With A Holistic Slate of Solutions

SPAN has demonstrated its commitment to supporting utilities and their customers with its recently announced participation in PG&E’s SAVE program. By utilizing existing SPAN infrastructure and Dynamic Service Rating technology in their service area, PG&E will benefit from distribution load shaping and analytic insights. Future programs can deploy SPAN Edge technology to further scale these benefits across more homes and will represent the next step in the evolution of SPAN as a grid service provider.

SPAN Edge is ready to order now. It will be on display in Booth 2708 at the DISTRIBUTECH conference in Dallas, TX from March 25-27, 2025. Utilities can contact SPAN directly or visit span.io/utilities for more information.

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 www.span.io.

SPAN Expands Beyond Smart Electrical Panels And Creates a New Category of At-The-Meter Products Built for Utilities to Meet Load Growth with SPAN® Edge

NEW YORK (AP) — U.S. stocks are drifting higher Wednesday ahead of Wall Street’s main event, which is coming after trading ends for the day when Nvidia reports how much profit it made during the end of 2025.

The S&P 500 rose 0.5% in early trading as moves calmed in the market from earlier in the week, when stocks swung sharply as investors tried to separate potential losers from winners in the artificial-intelligence boom. The Dow Jones Industrial Average was up 159 points, or 0.3%, as of 9:35 a.m. Eastern time, and the Nasdaq composite was 0.7% higher.

Nvidia’s chips are at the center of the AI frenzy, and it’s become the most influential stock in the U.S. market because it’s the most valuable. Analysts are expecting another blowout report, with estimates for Nvidia’s profit to surge nearly 70% from a year earlier to $37.52 billion. That’s would mean it made more than $400 million per day during the three months through Jan. 25.

Nvidia’s profit reports have become a bellwether for the market, not only because of how big the company has become in size but also because of how influential AI has become over the market’s moves. In past years, the AI frenzy helped stocks run to record after record amid hopes that it would mean higher productivity for the economy and bigger profits.

More recently, though, concerns have climbed about whether companies like Alphabet and Amazon are spending so much on chips from Nvidia and other equipment that they’ll never be able to make back the investments through future gains in productivity. If that leads to a pullback in spending, it would hit Nvidia directly.

Investors have also begun focusing on companies and industries that could get undercut by AI-powered competitors. That has led to sudden and swift sell-offs for stocks seen as potentially at threat, and the worries have rolled through the stock market from industries as seemingly disparate as software, trucking logistics and legal services.

“While those concerns are real, we believe investors would be wise to balance them out with offsetting trends that may be underappreciated in the current wall of worry headline cycle,” according to Darrell Cronk, chief investment officer for Wealth & Investment Management at Wells Fargo.

Among them is the strong growth in profit that big U.S. companies have been reporting so far for the end of 2025. That has helped strengthen some corners of the U.S. stock market that had been overshadowed by AI mania and Big Tech, particularly stocks of smaller companies.

Cava Group, the fast-casual Mediterranean restaurant chain, jumped 18.6% after delivering better profit and revenue for the latest quarter than analysts expected. Its revenue for a fiscal year also topped $1 billion for the first time, up 22.5% from the year earlier.

Axon Enterprise leaped 16.5% after the seller of Tasers and body cameras with AI voice-activated assistants likewise reported bigger profit and revenue than analysts expected.

They helped offset a 14.2% drop for First Solar, which reported a weaker profit than analysts expected.

In stock markets abroad, indexes rose across much of Europe and Asia.

Japan’s Nikkei 225 rose 2.2%, and South Korea’s Kospi gained 1.9% for two of the bigger moves.

In the bond market, the yield on the 10-year Treasury inched up to 4.05% from 4.04% late Tuesday.

AP Business Writers Yuri Kageyama and Matt Ott contributed.

A pedestrian walks outside the New York Stock Exchange during a snow storm, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

Dealers watch computer monitors near the screens showing the foreign exchange rates at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Feb. 25, 2026. (AP Photo/Lee Jin-man)

Snow falls outside the New York Stock Exchange, Monday, Feb. 23, 2026, in New York. (AP Photo/Seth Wenig)

People sit on the chairs near the screens showing the Korea Composite Stock Price Index (KOSPI), center, the foreign exchange rate between U.S. dollar and South Korean won, left, and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Feb. 25, 2026. (AP Photo/Lee Jin-man)

Currency traders celebrate as they work in the office with a screen showing the Korea Composite Stock Price Index (KOSPI) of over 6,000 points at a dealing room of Hana Bank in Seoul, South Korea, Wednesday, Feb. 25, 2026. (Kim Sung-min/Yonhap via AP)