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-0.00373134328358218 -0.00373134328358218 0 -0.00373134328358218 -0.0186567164179104 -0.0149253731343284 -0.0111940298507462 0.00447761194029851
Stock impact report

Treehouse uses AI to help electricians install tech like EV chargers and heat pumps more cheaply [TechCrunch]

ChargePoint Holdings, Inc. (CHPT) 
Company Research Source: TechCrunch
But because prospective electricians in the U.S. typically need to log 8,000 hours before they can get their license, the shortage won't ease anytime soon. In normal times, the shortage may pose an inconvenience while the labor market shifts in response. But the U.S. is in the midst of a tectonic shift in how people and businesses use electricity. Adding solar panels, swapping furnaces for heat pumps, and adding electric vehicle chargers — they all require electricians, piling projects on the limited number in the workforce today. “That pipeline takes a long time to build, and there's not going to be a lot of relief coming in the next five to ten years,” Erik Owski, co-founder and CEO of Treehouse , told TechCrunch. “We have to make the existing workforce more efficient.” In building trades, inefficiencies can come in many forms, but one of the most prominent is the site visit to scope and quote a job. “Do you have to roll a truck?” Owski said. “In most cases, if there's a bit o Show less Read more
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