Utilities ·NAICS 221111

NAICS 221111 · IRS SOI 2023 · Census CBP

Hydroelectric Power Generation - Industry Benchmarks

6 SBA loans on record, $3M in volume, for NAICS 221111.

2.6%
Utilities sector margin
N/A
Workers employed
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Data updated July 2026

The verdict · NAICS 221111

Vermont leads Hydroelectric Power Generation activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Utilities sector runs a 2.6% net margin.

2.6%
Utilities sector margin (IRS SOI)
N/A
Workers employed (Census CBP)
N/A
Avg payroll / employee
$3M
SBA lending, FY20–26

Benchmarking Insights for Hydroelectric Power Generation

Hydroelectric Power Generation sits inside Utilities, a sector that runs a 2.6% net margin overall.

561 establishments employ N/A workers. Vermont leads employment, followed by New Jersey and Tennessee.

Employment

N/A

Total employees (Census CBP)

Avg Payroll / Employee

N/A

Annual compensation

Establishments

561

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

establishment count increased by 9. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Financial Detail

Annual Payroll (Total)
$501.3M

Top States by Employment

State Employment
Vermont 91
New Jersey 60
Tennessee 31
Illinois 21
Indiana 14
Florida 12
Ohio 12
Kentucky 8

Showing top 10 of 38 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

6

Total Loan Volume

$3M

Avg Loan Size

$444K

Jobs Supported

19

Program Breakdown

7(a) 5 (83%)
504 1 (17%)

Top SBA Lender

TD Bank, National Association

1 loans in this industry

New Business Share

33.3% of borrowers were new/startup businesses

Annual Lending Trend (5 yrs)

2021
1
2022
1
2023
1
2024
1
2025
2

View SBA lending rankings →

Frequently Asked Questions

How profitable is Hydroelectric Power Generation?
IRS SOI doesn't publish margin data at the NAICS 221111 level. Vermont leads this industry nationally. The broader Utilities sector runs a 2.6% net margin (IRS SOI 2023).
How many businesses are in Hydroelectric Power Generation?
561 business establishments.
What is the average payroll per employee in Hydroelectric Power Generation?
Average payroll data for Hydroelectric Power Generation is not available in the current Census CBP dataset.
Which states have the most Hydroelectric Power Generation employment?
Vermont leads with 91 workers. New Jersey (60) and Tennessee (31) round out the top three.
How much SBA lending does Hydroelectric Power Generation receive?
Hydroelectric Power Generation businesses received 6 SBA loans totaling $3 million between FY2020 and FY2026. The average loan size was $444K. These loans supported 19 jobs at origination. Most lending (83%) came through the SBA 7(a) program.

Benchmarking Hydroelectric Power Generation

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 221111 · Data year: 2023

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.