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12 MW Hydro operating in Iron, MI — Midcontinent Independent Transmission System Operator, Inc..
12 MW
Nameplate Capacity
2
Generators
units
Conventional Hydroelectric
Technology
1943
Operating Since
Coordinates
45.9887, -88.2076
County
Iron, MI
Nearby Plants
| Field | EIA | GEM | Wikidata |
|---|---|---|---|
| Operator | Wisconsin Electric Power Co | Wisconsin Electric Power | — |
| Owner(s) | Wisconsin Electric Power Co | WEC Energy Group | — |
| Status | Operating | — | — |
Peavy Falls is a hydroelectric power plant located in Iron County, Michigan. The plant has a total capacity of 12 MW derived from two generators using conventional hydroelectric technology. It began operating in 1943 and is owned by WEC Energy Group and operated by Wisconsin Electric Power Co. Peavy Falls is ranked 8th out of 50 hydroelectric plants in Michigan and 622nd nationally out of 1464 plants.
The plant's latest annual generation was 36,917 MWh, resulting in a capacity factor of 35.1%. Peavy Falls operates within the Midcontinent Independent Transmission System Operator (MISO) balancing authority and the ReliabilityFirst Corporation (RFC) NERC region. Financial data indicates an installed cost of $823.29 per kW. News reports indicate one article related to hazards at the plant.
Generated from EIA, GEM, and public data sources
ISO/RTO
MISO
Market
ISO/RTO Member
NERC Region
RFC
Balancing Authority
Midcontinent Independent Transmission System Operator, Inc.. (MISO)
Grid Voltage
69.0 kV
Regulatory Status
RE — Regulated
Entity Type
Investor-Owned Utility
Sector
Electric Utility
3.4K MWh
Latest Month
36.9K MWh
Annual Generation
35.1%
Capacity Factor
Energy storage · Wisconsin Electric Power Company · Data from 2015–2024
$826/kW
Installed Cost
$17.6/MWh
Operating Cost
Annual Capital & Operating Expenses
Cumulative Installed Cost
Per-Unit Cost Trends
Point of Interconnection
Nearest Substation
Peavy Falls Substation · 69 kV
Substation Distance
0 km
Operator
American Transmission Company
Coord Source
OSM spatial
Market Position
ISO/RTO Market
MISO
LMP Node
MIUP.PEAVYFALL
Pricing Hub
MICHIGAN.HUB
Alt. Hub / Zone
MINN.HUB
Location Type
Generation Node
Node Source
Curated node match
Last updated 2026-03-26
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