Petersen-Dean goes bankrupt: what this means for consumers
Petersen-Dean, a roofing and solar company founded in 1984 that operated in nine states, went bankrupt in 2020, leaving many of its customers in limbo. The company operated in Arizona, California, Colorado, Florida, Hawaii, Louisiana, Nevada, Oklahoma and Texas. They started as a roofing company, then began offering solar installations, especially in California where solar installations are required on some new homes. While the COVID pandemic was perhaps the straw to break its back, the company was apparently in poor financial health for some time.