The power station is located aboveground at the foot of the rock-filled concrete faced Reece Dam (also called the Lower Pieman Dam) which forms Lake Pieman.

Water from the lake is fed to the power station into two independent 250-metre (820 ft)-long tunnels.

The station output, estimated to be 1,025 gigawatt-hours (3,690 TJ) annually,[1] is fed to TasNetworks' transmission grid via a 13.8 kV/220 kV Fuji generator transformer to the outdoor switchyard.

[3] Both the power station and the dam are named in honour of Eric Reece, the Premier of Tasmania between 1958 and 1969 and again between 1972 and 1975.

Reece was a firm proponent of the Hydro-Electric Commission and the development of hydroelectricity in Tasmania.