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NAICS 221114, industry

NAICS 221114: Solar electric power generation

NAICS 221114 is the industry code for solar electric power generation. Use it on loan applications, tax forms and registrations. Explore financing for energy services and start your application when you are ready.

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What 221114 covers

Businesses classified here own and run solar farms and other solar generation that sells electricity. Companies that install panels for customers are contractors instead.

Included in this code

  • Utility scale solar farms
  • Community solar projects
  • Solar power sold under a power purchase agreement
  • Solar plus storage plants

Not this code

Businesses that use 221114

Community solar garden ownerUtility scale solar farmRooftop solar portfolio selling power

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.

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Is 221114 the right code for a solar power producer?

Yes, if your business owns solar generation and sells the electricity. The code for solar panel installation contractors is 238210. 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 221114?

The SBA size standard for 221114 is 500 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 solar power 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 221114 cover?

Solar electric 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 221114 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 221114?

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.