The Upper Lake Margaret Power Station was constructed by the Mount Lyell Mining and Railway Company between 1911 and 1914. In 1984, the station was sold to the Tasmanian Hydro-Electric Commission and was officially decommissioned in 2006 and after a multimillion-dollar refit was recommissioned in 2009. The Lower Lake Margaret Power Station was built also by the Mount Lyell Mining and Railway Company in 1931 and decommissioned in 1995. After the implementation of a mini-hydro project in 2009, the project was recommissioned in 2010.