The owner of a troubled solar-installation company acknowledged Wednesday that his St. Paul business failed to complete work on more than 80 solar projects in Minnesota after receiving $1.5 million in down-payment money from customers who have waited as long as two years for work to begin.
At a state license revocation hearing, Able Energy Co. owner Michael J. Harvey was pressed for details on what happened to the money after admitting the company has just $14,000 in cash left in its bank accounts.
"There is no way we can provide an accounting for each project," Harvey said.
"I don't see why not," said state administrative law judge Barbara Case, who presided over the three-day hearing.
State regulators moved to revoke Able Energy's license in March after hearing from dozens of customers, who accused Harvey and his employees of stringing them along for months with misleading information and false promises.
In a lawsuit filed two months ago by the Minnesota Department of Labor and Industry, Harvey was accused of defrauding customers by making "numerous misrepresentations" about its capacity and willingness to install solar panels on homes throughout the state.
The department is seeking restitution on behalf of the company's customers, as well as an order barring Harvey from doing solar work for any other companies.
At the hearing, Assistant Attorney General Chris Kaisershot warned Harvey that his testimony could become part of an investigation by the Minnesota Department of Commerce's fraud bureau, which could seek criminal charges against him.