221118 - Other Electric Power Generation
In the ever-evolving landscape of clean energy, NAICS code 221118, titled Other Electric Power Generation, plays a crucial role in shaping the future of utilities. As industries and governments intensify their focus on renewable energy, understanding this code's scope and implications becomes essential for contractors, policymakers, and investors alike.
What is NAICS Code 221118?
NAICS code 221118 pertains to establishments primarily engaged in generating electric power from non-fossil fuel sources that are not nuclear or hydroelectric. This includes electric power generation utilizing renewable sources such as:
- Solar energy
- Wind energy
- Geothermal energy
- Tidal and other miscellaneous renewable sources
Facilities under this classification produce electricity mainly for sale to electric power distribution systems or directly to end-users.
Sector Overview: Utilities
NAICS 221118 is part of the broader Utilities sector. This sector encompasses enterprises that provide services related to electric power generation, transmission, and distribution. The unique aspect of 221118 is its focus on alternative renewable energy sources, excluding traditional fossil fuel, nuclear, and hydroelectric generation.
Typical Business Activities Under NAICS 221118
Businesses classified under this NAICS code typically engage in:
- Operating solar power generation facilities that convert sunlight into electricity
- Running wind power generation plants, harnessing wind to produce clean power
- Managing geothermal electric power plants that utilize earth's heat to generate electricity
- Generating electricity through tidal power systems or other renewable technologies outside mainstream classifications
Size Standards for NAICS 221118
To qualify as a small business under this NAICS code, the size standard is 650 employees. This size standard includes all employees on a full-time, part-time, or other basis and applies to the entire business and its affiliates.
Understanding these size standards is critical when pursuing government contracts or grants, as it determines eligibility for small business programs and preferences.
Examples of Businesses in NAICS 221118
- SunPower Corporation – solar energy generation and solutions provider
- NextEra Energy Resources – operating wind farms and solar power plants
- Ormat Technologies – geothermal electric power generation and equipment manufacturing
These organizations illustrate the diverse activities and business models within this code, emphasizing innovation in renewable energy production.
NAICS Code 221118 Details
| NAICS Code | Title | Sector | Description | Key Activities | Size Standard (Employees) |
|---|---|---|---|---|---|
| 221118 | Other Electric Power Generation | Utilities | Generating electric power using renewable sources other than fossil fuels, nuclear, or hydroelectric | Solar, Wind, Geothermal, Tidal power | 650 |
Frequently Asked Questions (FAQ)
What does NAICS code 221118 specifically cover?
It covers establishments generating electricity from renewable sources like solar, wind, geothermal, and tidal power, excluding fossil fuels, nuclear, and hydroelectric power.
Is hydroelectric power included in this NAICS code?
No, hydroelectric power generation falls under a different NAICS code and is excluded from 221118.
What is the employee size standard for small business classification under NAICS 221118?
The size standard for small businesses is 650 employees, including all affiliates.
Can businesses generating electricity for onsite use fall under NAICS 221118?
Generally, this code focuses on electricity generation for sale to distribution systems or end users, not exclusively onsite consumption.
Why is knowing the NAICS code important for businesses?
It helps businesses identify the right industry classification for government contracting, regulatory compliance, and market analysis, ensuring eligibility for programs and tenders.
By understanding NAICS code 221118, companies and stakeholders can better navigate the renewable energy sector, seize contracting opportunities, and contribute to a greener, more sustainable power generation landscape. Whether you're involved in solar, wind, geothermal, or tidal power, this code defines a vital niche within the utility industry poised for significant growth.
