221112 - Fossil Fuel Electric Power Generation
The NAICS code 221112 plays a critical role in the Utilities sector, representing an essential industry that powers modern life. This code is designated for establishments primarily engaged in generating electric power using fossil fuels such as coal, natural gas, and oil. Understanding this classification is vital for businesses, investors, and government contractors working within the energy landscape.
What is NAICS Code 221112?
NAICS 221112 – Fossil Fuel Electric Power Generation refers to companies and facilities that generate electricity by converting fossil fuels into electric power. This includes power production from coal, natural gas, and oil-fired plants.
Industry Description:
- Primary Activity: Generation of electric power using fossil fuels.
- End Product: Electricity distributed to residential, commercial, and industrial users.
- Energy Sources: Coal, natural gas, and oil.
This classification covers a substantial portion of the U.S. power grid, contributing significantly to the nation's energy mix.
Sector and Business Activities
NAICS 221112 falls under the broader Utilities sector, which includes various forms of electric power generation and distribution.
Typical Business Activities
- Coal-fired power plants – Facilities burning coal to produce steam for driving turbines.
- Natural gas power plants – Plants using natural gas combustion to generate electricity.
- Oil-fired electric power generation facilities – Power stations burning oil to produce electricity.
- Power generation involving fossil fuels (coal, oil, gas).
These power plants convert fossil fuel energy into reliable electricity for end-users such as homes, businesses, and infrastructure.
Size Standards for NAICS Code 221112
For government contracting and small business eligibility, the SBA size standard for NAICS 221112 is:
- 950 employees or fewer
This size standard helps determine if a business qualifies as a small business for purposes like federal contracting opportunities.
Examples of Businesses Under NAICS 221112
- Duke Energy’s coal-fired power plants
- Calpine Corporation’s natural gas power facilities
- Nextera Energy’s oil-fired electric power plants
- Regional or local fossil fuel power generation companies
- Specialized fossil fuel power producers serving municipal or industrial clients
NAICS Code 221112: Code Details Table
| Attribute | Details |
|---|---|
| NAICS Code | 221112 |
| Title | Fossil Fuel Electric Power Generation |
| Description | Generating electric power using fossil fuels such as coal, oil, and natural gas |
| Sector | Utilities |
| Primary Activities | Electric power generation using fossil fuels (coal, oil, gas) |
| Typical Business Types | Coal-fired plants, natural gas plants, oil-fired plants |
| Size Standard | 950 employees |
Frequently Asked Questions (FAQs) About NAICS 221112
Q1: What types of fuel sources does NAICS 221112 cover?
A1: It includes fossil fuels such as coal, natural gas, and oil used for generating electric power.
Q2: Is renewable energy included in this NAICS code?
A2: No, NAICS 221112 specifically covers fossil fuel electric power generation; renewable sources fall under different NAICS codes.
Q3: How can businesses benefit from knowing their NAICS code?
A3: Identifying the correct NAICS code helps businesses target government contracts, understand industry standards, and access small business programs.
Q4: What is the employee size standard for small business classification in this code?
A4: The SBA size standard for NAICS 221112 is 950 employees or fewer.
Q5: Are there sub-industries within fossil fuel electric power generation?
A5: Yes, sub-industries typically include coal-fired plants, natural gas plants, and oil-fired electric power generation facilities.
Conclusion
NAICS code 221112 is fundamental in defining the Fossil Fuel Electric Power Generation industry within the Utilities sector. Businesses operating coal, natural gas, or oil-fired power plants fall under this classification. Understanding this NAICS code helps companies navigate regulatory requirements, qualify for government contracts, and strategically position themselves in the energy market.
If your business involves fossil fuel electric power generation, knowing your NAICS code, sector details, and size standards can unlock new opportunities for growth and collaboration.
Keywords: NAICS 221112, Fossil Fuel Electric Power Generation, Coal Power Plants, Natural Gas Power Plants, Oil-fired Electricity, Utilities Sector, Power Generation, Government Contracting, SBA Size Standard
