Wednesday, May 1, 2024

How Much Do Home Generators Cost and Are They Worth It?

cost of whole house generator

But if you live somewhere that sees lots of daily sunshine, these generators can save you quite a bit of money on your long-term energy bills. Solar powered whole house generators maximized to their full potential may cost nothing to operate. The cost of a whole house generator ranges from $5,090 to $19,050. The cost depends on several things, including the generator size, how much power you draw at a given time, the fuel cost and type, and how long you run it at a time. The cost to run it is lower when you do not run your HVAC system other than in the coldest or hottest months. Your costs to run are also higher if you use a lot of power at one time rather than conserving energy.

Compare Top Home Generators

The largest models we test deliver at least 10,000 watts of electricity, enough to power everything in an average home. Smaller models provide at least 5,000 watts, enough to power key household appliances, electronics, and systems in your home. They will, for instance, keep your refrigerator, air conditioner, and well pump running. Transfer switches are used to connect the power from your city’s electrical grid to your generator. Depending on which type you choose, you’ll likely pay between $800 and $2,000 to install a new transfer switch.

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Smart Load Manager

For instance, wireless monitors allow you to monitor your generator’s status remotely, and they cost between $200 and $400, on average. You can also opt for a smart load manager, which can protect your generator from overloading and costs between $150 and $300. Hire a top-rated generator installation service for your home to stay up and running even in the event of a power outage, blackouts or utility shortages. More of the labor force works from home, and it's not just gig workers. When you maintain your own home office, your income is dependent on keeping that office up and running, even during power outages. You can pair one with a portable unit to charge phones and power other small electronics, freeing the portable unit to power your large appliances or HVAC system.

Portable vs Standby Generators

Generators with a manual start only cost between $500 and $2,000. They must be removed from their housing, connected to your home, and filled with fuel or connected to a battery to work. If you are unsure if you can physically turn it on, opt for a push-button model or choose an automatic standby model. Generators for home use come in two basic categories - standby and portable.

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Some municipalities, and even homeowners’ associations, require you to obtain a permit before installing a generator. Permits usually range from $50 to $200, but make sure to check with your local authority for permit pricing and requirements. Usually, the biggest cost factor to consider is the generator itself.

cost of whole house generator

Generally, large generators take longer and cost more to install than small generators. Additionally, if you’re installing a generator in a hard-to-reach area, it can drive up installation costs. Solar-powered generators get their fuel from the sun, so they’re very environmentally friendly. They range anywhere from $2,000 to $25,000, depending on the size, but they won’t work if they don’t get adequate sunshine, so they’re not advisable for use in cloudy regions.

Liquid propane is relatively clean-burning compared to diesel and gas, so it’s an eco-friendly choice. It’s also a popular option for people who live off grid or in rural areas since no gas line is required. Automatic generators average $2,000 to $20,000, depending on the size.

How much fuel does a generator need?

Each generator’s noise level was evaluated and from there was scored based on the loudness (or softness) of its average level. You can read more about our editorial guidelines and the whole house generators methodology for the ratings below. A good standby generator should last at least 20 years if well maintained.

Generator Transfer Switch Installation

This may be the case if the home’s electrical panel is not easily accessible from the generator’s location. Many generators today are dual fuel, meaning they can take either propane or gas. Dual fuel engines are helpful for their versatility — even if you usually use propane, natural gas might be more accessible, especially during a natural disaster.

"The cost of running the machine, assuming the fuel is natural gas piped to your home, can be significant," Whaley said. With winter showing off its worst weather, power outages might be close behind. Provided a whole-house generator is properly installed and being used as directed, it’s generally considered safe. However, it’s critical that installation is completed by a professional and that you never try to connect more appliances to it than it’s rated for. Additionally, if you opt for a portable generator, make sure to never use it inside your house since it can lead to carbon monoxide poisoning. You can often add features to your generator to make it more convenient and efficient.

To address this, many modern generators come equipped with CO shutoff switches that automatically turn off the unit if elevated levels are detected. These are essential to your safety and the safety of others in your home. Generators should be installed away from windows, doors and vents to prevent exhaust gasses from entering your home.

Costs can go as high as $11,000 for very complex installations, but most people pay between $5,000 and $6,000. All automatic generators have a manual start option, but all manual generators remain manual. Installing a whole house generator or its transfer switch is a job best done by an experienced professional to ensure compliance with local safety codes. Another potentially helpful indicator for some homeowners, low oil protection options account for 5% of the total best whole house generators ranking. For the comfort of the homeowner, 10% of the total ranking went to noise level (dbA).

Those that can use both fuel types are easily converted, without tools, to be ready to burn whichever fuel is needed. Repair for smaller standby generators, such as a 10KW generator, costs much less and usually sits around $50. However, anything above 20KW would come with a hefty repair bill. If you are running a commercial-grade generator out of your home, expect to pay as much as $600 for a repair. Portable generators are also cheaper as you don’t need any installation or permits for them. However, if you live somewhere with frequent power outages, a whole house generator would still be the safest and most economical option in the long run.

This standby generator with an automatic transfer switch will kick on whenever your home loses power. On average, the cost of electricity for a whole house generator can range from $0.10 to $0.30 per kilowatt hour, depending on the fuel source and the efficiency of the generator. For example, a natural gas generator may be less expensive to operate than a propane generator because natural gas is usually less expensive than propane. The major con of portable power stations is the cost per watt, which can be significantly higher than traditional portable generators. Additionally, because these power stations must be charged via plug-in or solar, they may be difficult to use long-term during a power outage.

On the other hand, manual transfer switches are more budget-friendly and necessitate manual intervention to redirect power. It’s essential to balance your budget and your power requirements. Assess your essential appliances and systems that need backup power during outages. This evaluation will help you determine the generator’s capacity that suits your needs without overspending. It allows you to track the generator’s fuel level and power output, so you always know how much power you have available.

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