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Most homeowners won't be able to claim a home generator as a tax write-off. However, a whole-house generator may be tax-deductible in certain situations depending on its purpose. For instance, if it's needed to power essential medical equipment, it may qualify as a medical expense deduction. Also, in some cases, businesses can deduct a generator as a business expense if it supports operations. Always consult a tax professional to determine eligibility based on your specific circumstances and the applicable IRS regulations.
A 1,500 square foot home will likely need a 15kW to 20kW generator. When deciding on whole-house generator size, add up the total wattage of the devices that you’d like to continue running during a power outage. That way, you can ensure you purchase a generator that can power your necessary appliances or medical equipment during an electrical emergency.
In most cases, there are no tax credits available for home generators. However, that’s a general statement that applies to federal tax credits, so you might have access to state or local tax incentives. You can check the Database of State Incentives for Renewables & Efficiency (DSIRE) for more information about your area. If you hire a reliable home generator installer, they should also know if there are any state or local perks you can use to reduce your installation costs, including tax breaks and rebates.
Whole-house generators need to be installed on level ground several feet away from walls and other objects. Because they tap into the electrical system directly, they usually need to be close to your home electrical panel for a transfer switch installation. It also helps with installation if they are near to a gas line or propane tank installation.
A 10,000-watt generator can run a small to mid-sized central AC unit (typically up to 3 tons or 36,000 BTU) along with a few other appliances. However, larger AC units or additional loads will require a bigger generator. Consult a local generator installer to ensure you add the correct size generator to your home.
The Southside, AR homeowners’ guide to generator installs
From average costs to expert advice, get all the answers you need to get your job done.
Natural gas generators are whole-home standby generators that are connected to your home’s natural gas line. The average cost for a natural gas generator is $12,000.
Generators should give you peace of mind, but you’ll only get that if your installer knows what they’re doing. Learn how to hire a pro and what red flags to look for.
Thinking about a generator installation? Learn about backup power options, costs to expect, and how to hire the right local pro to keep your home running.