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Pivot Energy, University of Denver complete Colorado’s 1st virtual net-metered solar project

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28/01/2026
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Pivot Energy, University of Denver complete Colorado’s 1st virtual net-metered solar project
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Pivot Energy, a national renewable energy provider headquartered in Denver, and the University of Denver (DU), have completed the state’s first off-site net-metered solar project.

From left to right: Matt Brenn, Director, Community Solar Subscriptions, Pivot Energy; James Pedric, Account Manager, Xcel Energy; Lynn Bailey, Director, Energy, Sustainability & Utilities, DU; Mark DeLorenzo, Senior Vice Chancellor for Business and Financial Affairs, DU; Stephanie O’Malley, Associate Vice Chancellor for Public Relations, DU; Mat Elmore, SVP, Strategic Accounts, Pivot Energy; Marci Grossman, Director, Communications, Pivot Energy.

This project contributes to DU’s goal to offset 100% of its electricity with renewable energy. The 3.28-MWDC project, located in Johnstown, started producing renewable energy earlier this month.

Under an agreement made in 2024, Pivot is developing a portfolio of on-campus and off-site solar projects for DU, totaling more than 27 MWDC of renewable energy. The first completed off-site project delivers solar power virtually for DU facilities. On January 13th, Pivot and DU representatives celebrated the completion of the project with a ribbon cutting.

The completed site is the first of six off-site projects in total in the arrangement between Pivot and DU and are located in Adams, Mesa and Weld Counties. The completed Johnstown project is composed of about 7,000 solar panels and will also include on-site sheep grazing. The construction of the remaining five sites will be completed by 2027.

“This is an exciting first step as we work towards achieving carbon neutrality at the University of Denver,” said Chancellor Jeremy Haefner. “Our partnership with Pivot Energy has allowed us to expand the number of rooftop solar installations we have on campus as well as develop the off-site net metering projects across Colorado. This is our commitment to building a better world and a better future for our students.”

Virtual net metering projects were permitted in the state following the passage of Senate Bill 21-261, a landmark legislation that expanded access to off-site solar generation for customers with multiple meters or space constraints. The law permits organizations such as universities, businesses and hospitals to receive bill credits for electricity generated by off-site solar projects — places that often have limited on-site access for solar installations.

“Completing this solar project signals to institutions, corporations and organizations across Colorado that access to cost savings and emission-reducing renewable energy is easier by locating solar projects off-site and receiving the benefits virtually,” said Mat Elmore, senior VP of strategic accounts for Pivot. “This milestone between Pivot Energy and the University of Denver demonstrates what’s possible when innovative policy meets local leadership.”

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