Blumenthal Investigating CT Power Supplier

State regulators are investigating an alternative power supplier in Connecticut. As WNPR’s Harriet Jones reports, the company is accused of falsifying its state license application.

Positive Energy Electricity Supply, based in Middlebury, is one of the companies now vying for utility customers in Connecticut under the state’s deregulated power system. But state Attorney General Richard Blumenthal claims the company failed to tell the Department of Public Utility Control that its CEO is in trouble with state banking officials.

Joseph Ventura allegedly already owed a $100,000 fine for providing false information on a loan application. Blumenthal has also accused Ventura of duping utility customers when he ran a previous energy company – telling them they were signing with an alternative supplier, but then taking months to process their contracts.

The DPUC says the matter is already under investigation. Positive Energy issued a statement Thursday saying details published about the allegations are incorrect. Ventura says he gave a full an accurate disclosure to regulators about all the circumstances, and that an investigation is not warranted.

For WNPR, I'm Harriet Jones.