SunCommon's parent company files for bankruptcy— what's next?

By Mitch Wertlieb,

Published June 17, 2024 at 4:01 PM EDT

Vermont's largest solar firm, iSun, and one of Vermont’s few publicly traded companies, declared Chapter 11 bankruptcy. iSun’s subsidiaries include the residential solar installer SunCommon, based in Williston. The company reported a $19-million operating loss for 2023, and the financial status of the parent company isn’t much better with iSun reporting losses of $250,000 a week. Fritz Burkhardt, who teaches finance and economics at Champlain College, joined Vermont Edition to discuss what led to the filing and what could be coming next.

Broadcast live on Monday, June 17, 2024, at noon; rebroadcast at 7 p.m.

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Mitch Wertlieb

A graduate of NYU with a Master's Degree in journalism, Mitch has more than 20 years experience in radio news. He got his start as news director at NYU's college station, and moved on to a news director (and part-time DJ position) for commercial radio station WMVY on Martha's Vineyard. But public radio was where Mitch wanted to be and he eventually moved on to Boston where he worked for six years in a number of different capacities at member station WBUR...as a Senior Producer, Editor, and fill-in co-host of the nationally distributed Here and Now. Mitch has been a guest host of the national NPR sports program "Only A Game". He's also worked as an editor and producer for international news coverage with Monitor Radio in Boston.

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