NAICS 221111: Hydroelectric power generation
NAICS 221111 is the industry code for hydroelectric power generation. Use it on loan applications, tax forms and registrations. Explore financing for energy services and start your application when you are ready.
What 221111 covers
Businesses classified here run hydroelectric plants that turn moving water into electricity and sell power to the grid or a utility.
Included in this code
- Hydroelectric generating plants
- Small hydro and run of river plants
- Pumped storage facilities
Not this code
- Power distribution utilities: see 221122 Electric power distribution
- Dam construction: see 237990 Other heavy and civil engineering construction
Businesses that use 221111
Financing for this trade
Power producers use construction loans, project finance and term debt sized to contracted revenue, plus equipment financing for turbines, panels and inverters; smaller projects also use SBA 504 and USDA guarantees. Lenders look at the power purchase agreement, interconnection status and production history.
Apply for funding with AIIs 221111 the right code for a hydroelectric power producer?
Yes, if your business generates electricity from water. The code for power distribution utilities is 221122. Pick the code that matches the activity earning most of your revenue, and use that same code on your tax return, loan applications and SBA forms so lenders see one consistent picture.
What is the SBA size standard for 221111?
The SBA size standard for 221111 is 750 employees. A business at or under that headcount, counting affiliates, is small for SBA loans such as 7(a) and 504 and for federal contracting set asides. Employees are averaged across all pay periods over the past 24 months, including part time and temporary staff.
What financing do hydroelectric producers use?
Power producers use construction loans, project finance and term debt sized to contracted revenue, plus equipment financing for turbines, panels and inverters; smaller projects also use SBA 504 and USDA guarantees. Lenders look at the power purchase agreement, interconnection status and production history. Lenders that already fund this trade move faster because they know how to read its cash cycle.
What does NAICS 221111 cover?
Hydroelectric power generation. Industry level code in NAICS 2022, under 22 Utilities, 221 Utilities, 2211 Electric power generation, transmission and distribution, 22111 Electric power generation.
What financing do NAICS 221111 businesses use?
Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for energy services businesses. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 221111?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.