Utilities ·NAICS 221112

NAICS 221112 · IRS SOI (C corp) · Census CBP 2023

Fossil Fuel Electric Power Generation - Industry Benchmarks

$132,204/yr average annual pay, with 1 SBA loans on record for NAICS 221112.

-1.3%
Utilities sector margin
68K
Workers employed
$132,204/yr
Avg payroll / employee
$0M
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 221112

Texas leads Fossil Fuel 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)
68K
Workers employed (Census CBP)
$132,204/yr
Avg payroll / employee
$0M
SBA lending, FY20–26

Use Fossil Fuel Electric Power Generation's NAICS benchmark as a comparison point, not a forecast for one business.

Fossil Fuel 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 Fossil Fuel Electric Power Generation

Fossil Fuel Electric Power Generation sits inside Utilities, a sector that runs a -1.3% net margin overall.

1,788 establishments employ 68,230 workers (38.2/location) at $132,204/yr average annual pay. Texas leads employment, followed by Kentucky and Ohio.

Employment

68,230

Total employees (Census CBP)

Avg Payroll / Employee

$132,204/yr

Annual compensation

Establishments

1,788

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 1,317; establishment count decreased by 11. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

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Workforce scale

Financial Detail

Annual Payroll (Total)
$9.0B
Avg Employees per Establishment
38.2

Top States by Employment

State Employment
Texas 5,817
Kentucky 2,126
Ohio 1,901
Wisconsin 1,679
New York 1,302
Alaska 887
Arkansas 626
Rhode Island 95
Maine 76

Showing top 10 of 50 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

1

Total Loan Volume

$0M

Avg Loan Size

$10K

Jobs Supported

0

Program Breakdown

7(a) 1 (100%)
504 0 (0%)

Top SBA Lender

Wells Fargo Bank National Association

1 loans in this industry

New Business Share

100.0% of borrowers were new/startup businesses

View SBA lending rankings →

Frequently Asked Questions

How profitable is Fossil Fuel Electric Power Generation?
IRS SOI doesn't publish margin data at the NAICS 221112 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 Fossil Fuel Electric Power Generation?
1,788 business establishments. Together they employ 68,230 workers.
What is the average payroll per employee in Fossil Fuel Electric Power Generation?
$132,204/yr average annual pay per employee. Businesses average 38.2 employees per establishment.
Which states have the most Fossil Fuel Electric Power Generation employment?
Texas leads with 5,817 workers. Kentucky (2,126) and Ohio (1,901) round out the top three.
How much SBA lending does Fossil Fuel Electric Power Generation receive?
Fossil Fuel Electric Power Generation businesses received 1 SBA loans totaling $0 million between FY2020 and FY2026. The average loan size was $10K. These loans supported 0 jobs at origination. Most lending (100%) came through the SBA 7(a) program.

Comparable industry benchmarks

These links are calculated from the current national dataset. They are comparison paths, not recommendations or evidence that businesses operate alike.

According to Census County Business Patterns 2023, Fossil Fuel Electric Power Generation ranks #290 of 801 U.S. industries at the 6-digit NAICS level by total employment.

Closest workforce scale

Same NAICS detail level, ordered by the smallest difference in reported Census employment.

Benchmarking Fossil Fuel Electric 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 221112 · 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.