The McKay Creek Power Station is one of four conventional hydroelectric power stations that form part of the Kiewa Hydroelectric Scheme, located on the Bogong High Plains, near , Victoria, Australia. McKay Creek Power Station has six generators driven by Pelton wheel turbines, with a total generating capacity of .
The power station is located on the slopes of Mount McKay at ground level. The water is transported from the Rocky Valley Dam through a near vertical pipe. Water released from the power station is used by the Bogong Hydropower Project, commissioned in 2009.