The Value-Add of Investing in a Generac Generator

Published on August 16th, 2023

Article Courtesy of Gunner Goldie, Renewable Technology Specialist

In an era where uninterrupted power supply is crucial for everyday life, investing in a Generac generator for your home is a decision that can yield substantial benefits. A Generac generator, renowned for its reliability and performance, offers homeowners peace of mind during power outages, ensuring the smooth functioning of essential appliances and systems. This article explores the advantages of having a Generac generator, shedding light on both the initial costs of purchase and installation, as well as the ongoing operational expenses.

Advantages of a Generac Generator

  1. Uninterrupted Power Supply: The primary benefit of owning a Generac generator is the assurance of uninterrupted power during blackouts or inclement weather. With a Generac generator, you can keep your lights on, your HVAC system running, and crucial appliances operating, preserving comfort and safety for your family.

  2. Home Value Enhancement: Installing a Generac generator can increase your home’s value. Potential buyers recognize the added value of having a reliable backup power source already in place, making your property more attractive in the real estate market.

  3. Preservation of Perishable Items: Power outages can lead to spoilage of perishable items in your refrigerator and freezer. A Generac generator prevents this by maintaining your appliances’ functionality, saving you money, and reducing food waste.

  4. Home Security: A functioning security system is vital for your family’s safety. A Generac generator ensures that your security systems, including alarms and surveillance cameras, remain operational, deterring potential intruders even during power outages.

  5. Business Continuity: If you run a home-based business, a Generac generator is a lifeline. It prevents disruptions to your business operations, ensuring you can continue working and serving clients without interruptions.

Costs of Purchase and Installation

The cost of purchasing and installing a Generac generator varies based on factors such as generator size, installation complexity, and location. Generally, a home backup generator system can range from $2,000 to $5,000 for smaller units, and larger models can exceed $10,000. Installation costs can add another $1,000 to $5,000, depending on whether additional electrical work or permits are required.

Operational Expenses

Generac generators are typically powered by natural gas or propane, and fuel costs are a consideration. The operational expenses will depend on factors like the frequency and duration of power outages in your area, as well as the generator’s fuel efficiency. On average, running a Generac generator can cost between $20 to $60 per day, but this cost can vary significantly based on local fuel prices and usage.

Conclusion

Investing in a Generac generator offers homeowners a wide array of benefits, from uninterrupted power supply to increased home value and security. While the initial purchase and installation costs may seem substantial, they are often outweighed by the peace of mind and convenience provided during unexpected power outages. Moreover, the operational expenses can be manageable, especially when considering the value of preserving comfort, safety, and productivity for you and your family. When evaluating the potential costs, it’s essential to consider the long-term advantages and the invaluable security a Generac generator brings to your household.

For more information on Generac generators and for questions, please contact Gunner Goldie, Renewable Technology Specialist, at 412-977-1688 or [email protected] or Mark Dennis, Director, Solar & EV Solutions, at 770-468-1828 or [email protected].

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