In re Power HomeSolar, LLC d/b/a Pink Energy
Western District of North Carolina Bankruptcy Case No. 22-50228
Click this link for RELEVANT COURT FILINGS
On October 7, 2022, Power Home Solar, LLC d/b/a Pink Energy filed for protection under Chapter 7 of the United States Bankruptcy Code. Unfortunately, Pink Energy is now closed and is no longer operating. Attorney Jimmy Summerlin of Hickory has been appointed by the Bankruptcy Court as the Chapter 7 Trustee in charge of collecting and liquidating Pink Energy’s assets for distribution in accordance with the provisions of the United States Bankruptcy Code. Prior to his appointment, the Trustee was not affiliated with Pink Energy in any way and is not responsible for the acts and omissions of Pink Energy prior to the bankruptcy filing.
PLEASE BE ADVISED THAT NEITHER MR. SUMMERLIN NOR ANYONE IN HIS OFFICE CAN PROVIDE YOU LEGAL ADVICE. THERE IS NO NEED TO CALL OR EMAIL THE TRUSTEE’S OFFICE; HE CANNOT GIVE YOU ANY STATUS OR UPDATES OTHER THAN WHAT IS PROVIDED HERE.
The Pink Energy case was filed on October 7, 2022 and collection and administration of the company’s assets will take a substantial amount of time. We cannot predict if or when you may receive any distribution from the bankruptcy case and will not know that until all assets have been administered, all funds have been collected, and all claims have been reviewed. Pink Energy was a large company and over 30,000 bankruptcy notices have been mailed to creditors, former employees, and customers. It will take the Trustee and his attorneys a significant amount of time to complete this case.
On December 15, 2022, the Court issued a Notice to Creditors of Possible Dividend, which established a deadline for the filing of Proof of Claims as March 15, 2023. Due to malfunctions in the Court’s electronic filing system occurring on March 15, 2023, the deadline was extended, upon the Trustee’s request, to March 16, 2023. As of the claims deadline, in excess of 6,100 claims had been filed. Any Proof of Claim filed after the deadline is considered to be a late-filed claim. As of January 1, 2026, 6,191 claims had been filed.
On June 26, 2024, the Honorable J. Craig Whitley retired from service as a United States Bankruptcy Judge. Judge Whitley continued, however, to serve on a recall basis in this case until his successor was appointed. On September 17, 2024, this case was officially transferred to the Honorable Paul M. Black of the United States Bankruptcy Court for the Western District of Virginia, sitting by designation in this case in the Western District of North Carolina by Order of the United States Court of Appeals for the Fourth Circuit.
As of January 1, 2026, most of the Debtor’s physical assets have been liquidated and the Trustee is continuing to pursue recoveries of pre-petition payments (preferences), pre-petition litigation claims, and reviewing the Debtor’s pre-petition finances for other possible recoveries. There is currently no set timeframe for when these matters may be resolved.
The Trustee expects to begin the claims review process in early 2026. Given the vast number of claims filed, the review process alone will take a substantial amount of time. Further, based on a preliminary review of claims filed, it is anticipated that there will be a large number of claim objections that will need to be presented to the Court for resolution. Based on the remaining issues in this case, the Trustee anticipates that no distribution on claims will be made until at least sometime in 2027 and possibly into 2028.
Information Specific to Customers: The Trustee is mindful that there are many customers of Pink Energy who have solar panels systems that are not installed, not working properly, or not working at all. The Trustee is also mindful of the financial consequences to each customer created by the Pink Energy bankruptcy. Unfortunately, however, the Trustee and the bankruptcy estate are in liquidation proceedings for Pink Energy and will be unable to complete or repair any customer’s solar panel systems. In the current state of the bankruptcy proceedings, it is neither practical nor financially feasible for the Trustee or the bankruptcy estate to complete any installation or repair work.