Employment
134,570
Total employees (Census CBP)
Utilities ·NAICS 22111
NAICS 22111 · IRS SOI (C corp) · Census CBP 2023
Electric Power Generation - Industry Benchmarks
$135,087/yr average annual pay, with 194 SBA loans on record for NAICS 22111.
- -1.3%
- Utilities sector margin
- 135K
- Workers employed
- $135,087/yr
- Avg payroll / employee
- $115M
- SBA lending, FY20–26
Data updated August 2026
The verdict · NAICS 22111
Texas leads Electric Power Generation activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Utilities sector runs a -1.3% net margin.
- -1.3%
- Utilities sector margin (IRS SOI)
- 135K
- Workers employed (Census CBP)
- $135,087/yr
- Avg payroll / employee
- $115M
- SBA lending, FY20–26
Use Electric Power Generation's NAICS benchmark as a comparison point, not a forecast for one business.
Electric Power Generation is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.
Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023
Benchmarking Insights for Electric Power Generation
Electric Power Generation sits inside Utilities, a sector that runs a -1.3% net margin overall.
4,192 establishments employ 134,570 workers (32.1/location) at $135,087/yr average annual pay. Texas leads employment, followed by California and Wisconsin.
Electric Power Generation sits in the 67th percentile for employment among 5-digit NAICS industries with reported data.
Avg Payroll / Employee
$135,087/yr
Annual compensation
Establishments
4,192
Business locations
Release-over-release change
What changed from Census CBP 2022 to 2023
Employment increased by 3,616; establishment count increased by 110. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.
Subscribe to this industry's release updates (RSS)Workforce scale
Financial Detail
- Annual Payroll (Total)
- $18.2B
- Avg Employees per Establishment
- 32.1
Sub-Industries
| Industry | Profit Margin |
|---|---|
| Biomass Electric Power Generation NAICS 221117 | N/A |
| Fossil Fuel Electric Power Generation NAICS 221112 | N/A |
| Geothermal Electric Power Generation NAICS 221116 | N/A |
| Hydroelectric Power Generation NAICS 221111 | N/A |
| Nuclear Electric Power Generation NAICS 221113 | N/A |
| Other Electric Power Generation NAICS 221118 | N/A |
| Solar Electric Power Generation NAICS 221114 | N/A |
| Wind Electric Power Generation NAICS 221115 | N/A |
Top States by Employment
| State | Employment |
|---|---|
| Texas | 10,818 |
| California | 7,828 |
| Wisconsin | 2,586 |
| Kentucky | 2,237 |
| Kansas | 1,691 |
| Alaska | 987 |
| Oregon | 931 |
| Nevada | 869 |
Showing top 10 of 51 states
SBA Lending Activity
SBA FY2020–2026SBA Loans Approved
194
Total Loan Volume
$115M
Avg Loan Size
$595K
Jobs Supported
2,572
Program Breakdown
7(a) 169 (87%)
504 25 (13%)
Top SBA Lender
Wells Fargo Bank National Association
18 loans in this industry
New Business Share
37.1% of borrowers were new/startup businesses
Annual Lending Trend (7 yrs)
2020 14
2021 32
2022 34
2023 22
2024 48
2025 41
2026 3
Frequently Asked Questions
How profitable is Electric Power Generation?
IRS SOI doesn't publish margin data at the NAICS 22111 level. Texas leads this industry nationally. The broader Utilities sector runs a -1.3% net margin (IRS SOI 2013 C corp).
How many businesses are in Electric Power Generation?
4,192 business establishments. Together they employ 134,570 workers.
What is the average payroll per employee in Electric Power Generation?
$135,087/yr average annual pay per employee. Businesses average 32.1 employees per establishment.
Which states have the most Electric Power Generation employment?
Texas leads with 10,818 workers. California (7,828) and Wisconsin (2,586) round out the top three.
How much SBA lending does Electric Power Generation receive?
Electric Power Generation businesses received 194 SBA loans totaling $115 million between FY2020 and FY2026. The average loan size was $595K. These loans supported 2,572 jobs at origination. Most lending (87%) came through the SBA 7(a) program.
Nationwide industries with similar benchmark drivers
Two IRS/Census peer sets for Electric Power Generation, both at NAICS level 5 and excluding this code so the neighborhoods are not self-links.
According to Census County Business Patterns 2023, Electric Power Generation ranks #180 of 551 U.S. industries at the 5-digit NAICS level by total employment.
Similar workforce scale
Nearest peer industries by ABS(Census employment) (134,570 here).
Read with this industry: Industry employment trends · Utilities · Rankings
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.
Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023
NAICS 22111 · CBP 2023 · IRS SOI
According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.
Read our methodology - how this data is sourced, computed, and verified.
Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023
Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.
Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.