Natural gas and electricity rates vary significantly based on location, and pricing can change over time, too. It’s possible that in locations where natural gas is particularly inexpensive, it will cost less than grid-based electricity will. However, you should also factor in the generator’s initial costs and maintenance needs, as well as its noise level and if it can comfortably power all your home appliances.
An undersized whole-house generator has the potential to overheat and shut down when you try to run a central AC system. This scenario can not only damage the whole-house generator, but can also trip your home’s breakers or cause electrical damage. To avoid this situation, hire a local generator installer to correctly size your whole-house generator.
DIY is possible for basic setups. Professional installation ensures safe and proper electrical connections.
It might seem counterintuitive, but installing a generator transfer switch will save you money in the long run. While you’ll have to pay between $400 and $2,500 to have the transfer switch installed, you’ll recoup that amount later on when you don’t have to pay for expensive repairs to your appliances, devices, and electrical system that may have burned out, overloaded, or stopped working due to a sudden loss of power or an incorrect hook up of a generator to your home.
It’s usually better to repair your generator if it isn’t working properly, as it will typically be much more affordable and should yield similar results. Generator repairs cost around $300 on average, while installing a new whole-house generator costs around $5,000 on average. The only exception is if you know your generator is reaching the end of its useful life, usually between 30 and 40 years. If you have an older generator, you could face multiple repairs in the coming years, which might mean that a full replacement will be more cost-effective over time.
The Springer, NM 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.
Traditional and inverter generators can provide off-grid or emergency power. Learn the pros and cons of a traditional generator vs. inverter generator.
Before installing a fixed generator, think about your use and space. Review these backup generator questions to prepare for a talk with your contractor.