How Much Does a Home Generator Cost?

August 4, 2021

One moment you're cooking dinner, and the next, everything in your home flickers off. An electric storm decided it was time to disrupt the power for everyone in your neighborhood.

Without a backup generator, you're going to be in big trouble. Well, maybe not big trouble, but you're not going to be able to continue cooking your food.

How much does a home generator cost? That depends on the type and size that you get. A portable one is going to be a lot cheaper than one that you install in your house.

Curious about how much more? We've got the answers right here. Keep reading to learn if you can afford to equip your home with a generator.

Factors That Contribute to the Cost

Most home generators cost anywhere between 10-20 thousand. The price can vary depending on a few factors.

For example, if a hurricane or terrible snowstorm blows through your neighborhood and knocks out the power, expect to spend a lot more money on a generator. Manufacturers will jump the price up to meet the demand.

The size of your house and electrical panel play into things as well. You could end up paying for more electricity than you need if you're not careful.

Fixed Vs. Portable Generator

There are two different types of generators that you should familiarize yourself with. The first is fixed. Someone will come out and install the generator outside your home.

It packs a big enough punch to power your entire home, but it's expensive. You'll pay about 2,000 dollars before factoring in installation cost, the price to pour a concrete slab to put your generator on, a transfer switch, and permits.

If you're looking for a cheap solution to your power woes, portable generators are much more affordable. They can cost anywhere between 500 dollars and a few thousand.

The difference is that you won't have to worry about having anyone install it. We will warn you that these generators can't power much. They can handle your smaller appliances, but that's about it.

Maintenance

Another thing you have to worry about is generator maintenance. Fixed models turn on periodically during the week to run diagnostics and get a little oil into the engine.

That doesn't mean that you don't have to do any work on your part. You'll have to keep it fueled and call a technician out to take a look at it at least once a year.

All of this costs money. You can expect to spend about 300 dollars each year on maintenance services. You can skip out on the fuel costs if you go with a solar generator.

Average Home Generator Cost

If your town sees a lot of bad storms that knock out the power, you're going to want to invest in a generator. Depending on what type you get, it can keep your entire house going for hours.

What does a home generator cost? It can vary. Each type of generator comes with a different price tag. You also have to consider installation costs and maintenance.

We hope that this article has helped you prepare your wallet for what's to come. For more pricing information on home necessities, check out our blog.

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