The Colorado State Land Board announced a partnership with Pivot Energy on June 26, 2026, to supply 100 percent of electricity for more than 415,000 square feet of state office buildings through community solar, reducing both emissions and operating costs.

The partnership is expected to save the agency approximately 5 percent annually on utility costs — an estimated $25,000 per year, or more than $250,000 over the next decade — while supporting compliance with HB 21-1286, which requires large commercial buildings to reduce greenhouse gas emissions by 2026 and 2030.

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"Colorado is proving that clean energy and reducing costs go hand in hand. This partnership between the State Land Board and Pivot Energy is exactly the kind of forward-thinking collaboration we need to reduce emissions, save people money on energy, and move us closer to a 100 percent renewable future for all Coloradans," said Governor Polis.

"This is a practical, forward-looking solution that is transitioning our commercial real estate holdings to clean energy. This will help to reduce emissions, support state clean energy goals, and lower operating costs," said Nicole Rosmarino, Director of the Colorado State Land Board. "Through this innovative approach, we're delivering on our constitutional responsibilities to Colorado's schoolchildren by passing along cost savings and contributing to a more sustainable future."

"We're proud to partner with the State Land Board on this impactful initiative," said Jon Fitzpatrick, Chief Development Officer at Pivot Energy. "Our community solar projects are designed to expand access to clean energy, reduce costs, and support meaningful climate progress for Colorado communities."

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Enrolled buildings are located in Denver, Centennial, Louisville, and Golden, representing the majority of the State Land Board's commercial real estate portfolio. Properties were selected based on size and utility structure.

The community solar model allows the State Land Board to participate in large-scale solar generation facilities located throughout the state without on-site infrastructure. The agency's share of each community solar array's generating capacity is equivalent to its average monthly electricity consumption. Rooftop installations were determined to be cost-prohibitive for the agency's existing buildings.

The Colorado State Land Board is a constitutionally created agency that manages a $6 billion endowment of assets for the benefit of Colorado's K-12 schoolchildren and public institutions. It is the second-largest landowner in Colorado and is entirely self-funded, receiving no tax dollars. More information is available at slb.colorado.gov.