22111 - Electric Power Generation
The electric power industry plays a pivotal role in fueling our economy and daily lives. If you're exploring opportunities or seeking to understand this sector better, NAICS code 22111 is essential. This code specifically covers Electric Power Generation, a critical part of the Utilities sector responsible for producing electricity from various energy sources. In this blog post, we'll dive deep into everything you need to know about NAICS code 22111, including its definition, associated business types, size standards, and more.
What is NAICS Code 22111?
NAICS Code 22111 corresponds to Electric Power Generation. This industry involves the production of electric power by transforming other forms of energyâincluding fossil fuels, nuclear energy, and renewable sourcesâinto electricity. It encompasses the operation and management of power plants and generation facilities that supply electricity to grids and end-users.
Sector Overview: Utilities
Electric power generation falls under the Utilities sector. Utilities serve as the backbone of modern infrastructure, providing essential services such as electricity, gas, and water. Under the utilities umbrella, NAICS 22111 specifically addresses companies and facilities that focus on electricity production rather than transmission or distribution.
Typical Business Activities Under NAICS 22111
Businesses classified under NAICS 22111 are primarily involved in generating electric power through diverse methods. Common activities include:
- Operating coal-fired power plants
- Running hydroelectric power generation facilities
- Managing wind and solar power generation farms
- Overseeing nuclear power plants
- Utilizing natural gas for electricity production
These businesses generate varying scales of power that are then fed into the electrical grid to meet residential, commercial, and industrial demand.
Size Standards for NAICS Code 22111
To qualify as a small business under NAICS 22111, entities typically must have either:
- 1,000 employees or fewer, or
- Annual receipts not exceeding $30 million
These size standards are important for eligibility in government contracting, grants, and other programs aimed at supporting small businesses in the electric power generation space.
Examples of Businesses Within NAICS 22111
- Duke Energy - Operates coal and nuclear power plants in the U.S.
- NextEra Energy Resources - Focuses on wind and solar renewable power generation.
- Brookfield Renewable Partners - Specializes in hydroelectric power facilities.
- Small independent wind farm operators and community solar project developers.
NAICS Code 22111 - Code Details at a Glance
| NAICS Code | Title | Sector | Industry Description | Size Standard (SBA) | Examples of Businesses |
|---|---|---|---|---|---|
| 22111 | Electric Power Generation | Utilities | Produces electric power by transforming energy from fossil, nuclear, or renewables. Includes operation of power plants and generation facilities. | 1,000 employees or $30M annual receipts | Coal-fired plants, hydroelectric facilities, wind & solar farms |
Frequently Asked Questions (FAQ)
What types of energy sources are included in NAICS 22111?
NAICS 22111 includes electric power generated from fossil fuels (coal, natural gas, oil), nuclear energy, and renewable resources like hydroelectric, wind, and solar power.
Does this code cover electricity transmission and distribution?
No, NAICS 22111 specifically covers electric power generation. Transmission and distribution are classified under different NAICS codes in the Utilities sector.
Can small companies participate in government contracting for NAICS 22111?
Yes, businesses that meet the SBAâs size standards (generally up to 1,000 employees or $30M annual receipts) are eligible to participate in many government programs and contracts within this industry.
How does this code help businesses?
Classification under NAICS 22111 helps businesses identify industry peers, apply for government contracts, and qualify for relevant grants or loans targeting electric power generation companies.
Conclusion
NAICS code 22111 - Electric Power Generation is a vital classification that encapsulates the diverse and evolving landscape of electricity production in the United States. Whether your business operates coal-fired plants, hydroelectric dams, or renewable energy farms, understanding this NAICS code can be your key to tapping into government resources, industry data, and growth opportunities. By aligning your operations with NAICS 22111, you position your organization within a critical sector that powers homes, businesses, and industries nationwide.
Keywords: NAICS code 22111, Electric Power Generation, Utilities sector, power plants, renewable energy, coal-fired power plants, hydroelectric power, wind power, solar power, government contracting, small business size standards
