Saxon, also known as Saxon Falls, is a private hydroelectric dam located in Wisconsin along the Montreal River. Built in 1911, this gravity dam stands at 37 feet high and has a hydraulic height of 133 feet, providing a surface area of 63 acres and a maximum storage capacity of 700 acre-feet. The dam serves multiple purposes including hydroelectric power generation and recreation, with a normal storage capacity of 250 acre-feet and a drainage area of 270 square miles.

Despite being privately owned, Saxon Falls is regulated by the state of Wisconsin and permitted for operation, but not subject to regular inspections. The dam has a controlled spillway and a low hazard potential, with a very high risk rating due to its age and condition assessment not being rated. Limited risk management measures are in place, but emergency action plans have been prepared and updated as recently as January 2020. With its historical significance and potential for both energy production and outdoor activities, Saxon Falls remains an important water resource for the region.