PetersenDean Roofing & Solar Acquires Haleakala Solar

PetersenDean Roofing & Solar has just acquired Hawaii-based Haleakala Solar. Founded in 1977, Haleakala Solar is Hawaii’s largest solar and battery installer.

Haleakala Solar has been installing photovoltaic (PV) solar and water heating systems as well as battery storage solutions for more than 40 years and has completed more than 15,000 projects. There are plans to add roofing installations in the first quarter of the transition. The company operates on three of the Hawaiian Islands and plans to expand into a fourth in 2018. The newly acquired company is poised to add approximately 1,000 new jobs and grow to approximately $100 million in sales over the next 24 months.

Jim Whitcomb, founder of Haleakala Solar, approached Jim Petersen, CEO and President of PetersenDean Roofing & Solar, late last year for a strategic purchase.  “It seemed like the perfect synergy between the two companies,” stated Whitcomb. “In 40 years, Haleakala has grown into the largest residential PV installer in Hawaii so it would only make sense to go straight to the largest rooftop PV installer in the United States when the time came to hand over the reins. We share a commitment to excellence and PetersenDean’s size, organization, and impeccable reputation will take the company to a new level.”

This new acquisition now positions PetersenDean as the nation’s largest publicly- and privately-held roofing and solar company.PetersenDean is a perfect fit for Hawaii given our size and product offerings, in addition, we have the finance options to truly help the island community to install a new roof, solar or a home battery at very low monthly payments,” said Petersen. “We look forward to growing our business in Hawaii and adding more American jobs in doing so.”

Gary Liardon, the President of the Consumer Division of PetersenDean Roofing & Solar, is heading up this transition as well as the additional acquisitions planned across the United States in 2018. “We are excited to add Mr. Whitcomb and the Haleakala team to the ranks. Mr. Whitcomb will stay on and take an active role in the sales development segment of the company in Hawaii as we add new verticals to the market and expand to the remaining islands.”

This planned expansion will increase employment in this Hawaiian segment of the organization to over 1,000 jobs in the next 24 months. Currently, Haleakala Solar employs about 125.

Hawaii has long been a leader in renewable energy. In 2015, it set a mandate that 100 percent of the state’s electricity come from renewable energy by 2045. Regulators also just approved Hawaii Electric’s grid modernization plan along with a suite of demand response and solar tariff programs.

“Solar is a critical part of the state’s energy portfolio. The islands are a virtual incubator for all new technology in this space especially because of the state mandates that require all of the islands to be operating on 100 percent renewable energy by 2045,” said Liardon. “Hawaii already boasts some of the highest shares of renewable energy in the country, all on islands isolated from the stability of neighboring grids. That’s made them a natural testing ground for new technologies and regulatory models, including battery-backed solar and wind farms, aggregated demand response and energy storage, peak-shifting electric vehicle charging, and voltage-smoothing smart inverters and grid power electronics.”

PetersenDean continues to represent stability and innovation in both renewable energy and home improvement markets. The company’s solid fiscal performance and scalable systematic approach are paving the way for substantial growth over the next few years.  “With the balance sheet, leadership, and strategic growth roadmap currently in place the company is on pace to grow from $400 million to over $1 billion in revenues over the next few years,” said Petersen.

For more information, visit www.petersendean.com.

PetersenDean Roofing & Solar Names SolarEdge and LG Chem as Preferred Suppliers

PetersenDean Roofing & Solar has joined forces with SolarEdge, a global leader in PV inverters, power optimizers, and module-level monitoring services, and LG Chem, the global leader in lithium-ion batteries. By offering the combination of SolarEdge and LG Chem solutions, PetersenDean will provide homeowners an affordable path to solar ownership and energy storage.

SolarEdge will supply an intelligent inverter solution that maximizes power generation at the individual PV module level. This solution includes StorEdge technology, which manages PV production, consumption, and both on-grid and backup storage to help increase energy independence for PetersenDean’s residential installations. LG Chem will provide the Residential Energy Storage Unit (RESU) 10H 9.8 kWh battery pack, which is compatible with SolarEdge and uses the same technology that has been used in other LG Chem applications.

“Technology has significantly evolved over the years—especially with batteries and inverters. PetersenDean is proud to offer these two well-trusted brands to customers,” said Jim Petersen, president and CEO of PetersenDean Roofing & Solar. “Both of these companies’ commitment to technology, coupled with efficient and high-quality manufacturing processes produces solutions that exhibit the highest levels of safety, performance, and reliability.”

Providing PetersenDean customers with intelligently managed energy storage from reliable companies, this solution helps meet an important goal for PetersenDean, which installs about 2,000 solar and roof systems each month nationally and is the nation’s largest privately held roofing and solar company.

“During the last few years, our customers have been asking us for better home energy storage solutions. While some systems only function when the grid goes down, others only work to help limit grid use in moments when their solar system is not producing the amount of energy needed to power their home. By combining SolarEdge’s StorEdge solution with LG Chem batteries, customers can enjoy both options by managing and monitoring PV and battery status through a single platform. It provides the peace of mind that when the grid goes down, they’ll still have power backup,” said Petersen.

Petersen added that customers will save substantially in the long term. “Storage systems such as this help customers improve their system payback by increasing the amount of PV energy they consume. They can store excess solar and draw from it when needed. This avoids unnecessary fees and taxes, while giving them the flexibility in an ever-changing utility landscape.”

According to the company, LG Chem is the global leader in lithium-ion batteries in with a market-leading position in advanced batteries for grid-scale, residential storage and automotive applications. Its lithium ion battery technology is the product of 23 years of experience in the development and production of mobile batteries and large format batteries for automotive and energy storage systems. For residential storage applications, LG Chem is using the same technology that has been used in its utility-scale projects.

Linh Tran, Sales Manager of LG Chem said, “With the growth and advancement of residential storage batteries, we are pleased to team up with a leading installer, PetersenDean specializing in new residential and commercial construction in US market.”

Supporting increased PV proliferation, the SolarEdge system consists of power optimizers, inverters, smart energy management, and a cloud-based monitoring platform. SolarEdge’s solutions address a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations.

“At SolarEdge, our mission is to lead the way in providing smart, renewable energy for people everywhere,” stated Peter Mathews, North America General Manager for SolarEdge. “As the largest inverter company supplying the U.S. residential market, we’re pleased that our technology is part of PetersenDean Roofing & Solar’s product offering. This represents another step forward in bringing smart solar energy solutions to consumers nationwide.”

According to the company, PetersenDean is the nation’s largest privately held solar and roofing company and known for its mission to source as many tried and true Tier 1 roofing and solar products, many of which are manufactured in the United States. Along with Mission Solar Energy, PetersenDean solar system includes Buy-American-Act-compliant panels, inverters and racking installed by the construction company’s national workforce.

For more information, visit www.petersendean.com.

 

PetersenDean Selects GAF as Preferred Manufacturer of Cool Shingles

PetersenDean Roofing & Solar announced it has formed a relationship with GAF to help supply PetersenDean consumers in all of its seven operating states with shingles that can be used to comply with Title 24 cool roof requirements. PetersenDean is headquartered in Fremont, Calif.

“We selected GAF because they own an expansive network of manufacturing facilities and produce quality products that make the company a leader in the industry,” said Gary Liardon, president of US Consumer Division, PetersenDean. “With all of GAF’s plants based in the U.S., we are providing our customers with quality products and supporting American jobs. They also produce the popular shingle colors that our customers like and offer comprehensive warranties. We are proud to partner with such an innovative and dependable manufacturer.”

GAF is the only roofing manufacturer to earn the Good Housekeeping Seal of Approval on its products. The company recently introduced its Timberline HD Reflector Series Shingles, which can be used to comply with Title 24 cool roof requirements. Additionally, GAF offers its Timberline HD Reflector Series Shingles in a large selection of colors with comprehensive warranties.

“At GAF, we are committed to working with the best contractors in the industry,” said Todd Tarchalski, West area vice president of sales at GAF. “We couldn’t be more excited to work with PetersenDean, one of America’s largest and most trusted roofing and solar companies.”

This relationship helps meet two important goals for PetersenDean, which installs about 2,000 solar and roof systems each month nationally: providing PetersenDean customers with quality, innovative roofing materials and supporting American jobs.

“We made a decision at PetersenDean to only source our products from manufacturing facilities in North America,” said Jim Petersen, president and CEO of PetersenDean Roofing & Solar. “That’s why we chose to utilize GAF, which owns multiple manufacturing facilities across the nation. We can help customers lower their electric bills, help the environment, and help the economy.”

PetersenDean Joins Owens Corning Roofing Platinum Preferred Contractor Network

PetesenDean Roofing & Solar announced that it has been hand-selected by Owens Corning Roofing and Asphalt LLC to join their Platinum Preferred Contractor Network of top tier roofing professionals based upon its commitment to service, reliability and outstanding craftsmanship.

Owens Corning Roofing Platinum Preferred Roofing Contractors is considered an exclusive contractor network; less than one percent of Owens Corning Contractors have Platinum Preferred status. To be accepted into the network, PetersenDean was required to meet the following eligibility requirements including passing an installation workmanship inspection, carry at least $1 million in general liability insurance, and be screened for financial stability and customer service.

“As a roofing company with 33 years of industry experience serving Arizona, California, Florida, Nevada, and Texas, PetersenDean is honored to become a member of the Owens Corning Roofing Platinum Preferred Contractor Program,” said Tim Ramage, vice president of consumer sales, PetersenDean Roofing & Solar Corporate Division. “We will launch our partnership with Owens Corning in California and then extend our services into other states.

“Wherever we are consulting with prospective customers, we are aware that purchasing a new roof is a significant decision. We are proud to have Owens Corning Roofing supporting the commitment to excellence that we bring to every project,” Ramage noted. “Additionally, we place value in the fact the Owens Corning roofing products are made in the USA and have a reputation for superior material advancements leading to long term performance.”

Ramage said the Owens Corning roofing products that will be used by PetersenDean will be manufactured in the company’s Compton, Ca., plant and he estimates that PetersenDean will use about 6.5 million square feet of shingles and roofing accessories annually. “We will primarily be installing Owens Corning TruDefinition Duration and Owens Corning Woodcrest shingles,” he added.

“Owens Corning Roofing Platinum Preferred Contractor Network members are chosen based on their proven market and industry leadership,” said Bill Mabry, Owens Corning Roofing Contractor Network leader. “This network underscores Owens Corning Roofing’s commitment to providing value within the building materials industry and ensuring our roofing contractors have the tools and business solutions they need to grow their business.”

Through the Owens Corning Roofing Platinum Preferred Contractor Network, PetersenDean is able to provide peace of mind to its customers, including extended system limited warranties that also offer a limited lifetime workmanship coverage.