The Victorian Alps receive some of the most rainfall in Victoria with locations such as Falls Creek elevation receiving an average of annually from 1990-2020. The high volumes of water that fall within the region, feed waterways such as the Yarra river, and Gippsland lakes. The Murray River is also fed by the Victorian Alps, and although the region only accounts for 1% of the Murray's catchment area it is estimated to provide over 29% to the annual flow. This is due to the high amounts of snow, and the unique alpine vegetation which has the ability to hold water and regulate its release throughout the year. Water from the Victorian Alps is also used for power generation at the Kiewa Hydroelectric scheme, although not as extensive as the Snowy Mountains Scheme, the Kiewa scheme still provides Victoria with 241MW.