Company News
Pivot Energy, Colorado’s leading community solar developer, announced it has donated $90,000 to Bright Futures, a Weld county workforce initiative designed to remove barriers for students that prevent them from pursuing higher education and obtaining gainful employment. The donation will be used to help a minimum of 45 local students pursue training and advanced educational opportunities. As a triple bottom line company, Pivot…
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Businesses in the U.S are switching to solar energy at an unprecedented rate. Compared to just 370 megawatts (MW) in 2010, more than 15,000 MW of solar capacity has already been installed by commercial and industrial customers in 2020. This colossal solar market growth was possible due to federal and state financial incentives, tax credits,…
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Whether you have looked at solar previously or it has never been something you have considered before, Solar Massachusetts Renewable Target (SMART) is a game-changer that should be on any Massachusett business owner’s radar. The state-approved incentive program is a paradigm shift away from traditional solar, only attainable to those businesses that could afford to…
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Pivot Energy, Colorado’s leading community solar developer and national solar provider, announced today it has entered into an agreement with Banner Health for a 5.9-megawatt community solar subscription — the single largest community solar commitment the company has secured to-date. The subscription represents Pivot’s first community solar offering within the healthcare industry, expanding the company’s growing portfolio…
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Self-storage companies can experience many financial downturns and unanticipated costs. Decreasing residential rents, increased competition, and uncertainty in demand can lead to a lot of variability in the business[1]. For example, even though COVID-19 drove up demand for self-storage businesses, the national average price of storage units was down by 4% in June 2020 compared…
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Today, national solar developer, Pivot Energy, announced its collaboration with Extra Space Storage to install 65 rooftop solar systems on storage buildings across eight states, including Alabama, Colorado, Florida, Georgia, Illinois, Indiana, Michigan, and Tennessee. The portfolio totals 5.5 megawatts of emission-free and reliable energy, producing enough electricity to power nearly 1,000 homes for an entire year. The portfolio is estimated to save Extra Space $600,000 during the…
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It is no secret: solar energy can benefit businesses of all types – from small retail stores and offices to giant corporations, warehouses, and even self-storage facilities. Some of the largest companies in the U.S, such as Walmart, Costco, and IKEA, have installed solar on their properties and are making commitments for 100 percent renewable…
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If your business is considering going solar, there are two main options for reducing your electricity bill and supporting a cleaner grid. Many businesses in Colorado are now starting to consider community solar programs as an alternative to the tried and true option of installing solar on their properties. Let’s break down the differences between…
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2020 is a year of unforeseen and incalculable disruptions, and for many organizations, anything outside of the core competencies is a distraction. Right now, cash flows, efficiency, and adaptation are of utmost importance. In recognition of this, it is worth revisiting why the Massachusetts SMART program should be on your radar and how you stand…
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Pivot Energy, Colorado’s largest community solar developer, announced today that it will award $50,000 to the Pueblo Hispanic Education Foundation (PHEF) to create southern Colorado’s first Renewable Energy Scholarship Fund. The fund is anticipated to support as many as 20 local students pursue continued education and future careers in the renewable energy industry. The two…
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