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Yes, installing a generator usually increases your property value because buyers are getting the added peace of mind knowing they’ll be able to maintain power through blackouts. In most cases, you should see close to a 100% return on investment (ROI). Keep in mind that home generators usually need a permanent foundation, and installing a concrete slab will likely raise your property taxes slightly.

The typical cost of a home generator is around $5,000, but prices range from $400 up to $13,000, depending on a few factors. The most significant cost factor is the generator size, as larger generators that can support more square footage usually cost more. You can install an emergency backup generator for between $500 and $2,000 or a partial-home generator for between $2,000 and $6,500. Whole-home generators usually total between $5,000 and $13,000, with some models climbing as high as $18,000.

No, this is extremely dangerous, often illegal, and you should never attempt it. If you connect your generator to your home without a transfer switch, the generated power can backfeed, essentially flowing back into the utility lines. Backfeeding exposes a significant threat of fatalities or harm to you and utility personnel, in addition to jeopardizing the structural integrity of your home.

In many cases, you’ll need a permit or basic inspection to install one of these large generators. Since they include significant alterations to your home electrical system and many produce exhaust fumes, local governments often require jumping through a few hoops for general safety purposes. Your installer may be able to help you with these permits.