How Much Does a Home Generator Cost?

Home Generator Costs: From Generac Installation to Backup Solutions Uncovered

Generac generator costs, including installation, can vary widely, impacting your budget decisions. Discover the real difference between a backup generator cost versus the cost of a standby generator. Wondering if the investment is worth it? Read on to find out.

In this Price Guide, we will talk about:

1. Home Generator Costs
2. Installation Costs
3. Standby Generators
4. Additional Generator Costs
5. Find Vetted Home Generator Experts on HomeStars
6. Common Questions

Understanding Home Generators: What Are the Costs?

Home generators are a vital investment for ensuring uninterrupted power during outages. Whether you're preparing for seasonal storms or just want peace of mind, selecting the right type of generator—and understanding the full cost—is essential.

Generac generators, one of the most trusted brands on the market, are known for their durability, high performance, and wide range of power capacities. But they're just one part of the broader landscape of home generator solutions.

The cost of home generators varies based on the type, power capacity, and installation requirements.

Here's a consolidated overview of what you can expect to pay:

Generator Type	Typical Cost Range
Portable Generators	$500–$2,500
Solar Generators	$1,000–$10,000
Generac 7–10 kW	$2,000–$4,000
Generac 11–22 kW	$4,000–$7,000
Generac 22–30 kW+	$7,000–$15,000

Note: Check your local regulations for any permitting requirements before purchasing a generator.

HomeStars Tip: When budgeting for a reliable power backup solution, consider your entire home energy system. If your furnace is older or inefficient, it might be time to replace it along with your generator. See furnace replacement costs here.

Installation Costs: What to Expect When Installing a Generac Generator

Typically, generator installation costs range from $2,500 to $5,000 for 10–22 kW systems. For higher-complexity or larger units, installation expenses can rise dramatically, reaching up to $12,000 or more.

• Permit Fees: Localities often require permits and inspections, usually costing between $50 and $500.
• Concrete Pad Installation: Outdoor units may need a concrete pad, costing $300 to $500.
• Transfer Switch Installation: This is a critical component, with costs ranging from $800 to $2,500, depending on the unit size.
• Utility Connections: Natural gas and electrical connections can significantly affect costs. Gas plumbing may run $500 to $3,000, while electrical wiring typically costs $6 to $8 per foot.
• Site Preparation: Clearing and prepping the install location could add an extra $250 to $1,000+.

HomeStars Tip: Before installing your generator, consider getting a professional home inspection to uncover any electrical or structural issues that could affect installation costs. Visit our price guide to check typical home inspection prices.

Save money, energy, and resources by hiring a professional tradesperson for your home generator needs. Post your job on HomeStars today to find vetted local electricians and hire the perfect fit for your project!

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Standby Generators: How Much Do They Cost?

The cost of these generators can vary significantly based on the size of the area, the complexity of the job, and the materials used in installation, which includes various elements beyond just the purchase price.

Type	Cost Range
Small Standby	$2,000–$4,000
Medium Standby	$4,000–$7,000
Large Standby	$7,000–$15,000

The cost of standby generators can fluctuate due to several important factors:

• Generator Size: Larger generators generally cost more but can power more appliances.
• Fuel Type: Options like natural gas or diesel affect operating costs and availability.
• Installation Complexity: Difficult installations may require additional work, increasing cost.
• Brand and Model: Premium brands or newer models might be priced higher due to advanced features.
• Location: Prices can vary based on local demand and supply conditions.

Don't forget: Get multiple installation quotes to ensure competitive pricing and avoid hidden costs.

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Additional Generator Costs: What Extra Expenses to Anticipate

When purchasing and maintaining generators, it's essential to anticipate potential hidden costs that could impact your budget. Besides the initial purchase price of the generator, there are additional expenses to consider, which can accumulate over time.

Permits & inspections: Depending on your locality, these can cost anywhere from $50 to $500. These are mandatory to ensure compliance with local safety regulations.

Concrete pad for outdoor units: Typically, you would need a stable base, which runs $300 to $500. This ensures that your generator remains level and secure.

Automatic transfer switch (ATS): For seamless power transition, an ATS is crucial. Costs vary based on the unit size: small ( $800–1,200), mid-size ( $1,000–1,500), and 200 A switch for larger homes ( $1,200–2,500).

Utility connections & site preparation: These include natural gas plumbing ( $500–3,000) and electrical wiring (typically $6–8/ft). Costs fluctuate based on the complexity and length of connections.

Maintenance costs: Regular yearly maintenance ensures efficient operation, typically costing between $200 and $600 annually. Ignoring maintenance can lead to higher repair costs in the long run.

Note: Hiring a licensed electrician to complete generator wiring and setup is often essential. Based in Vancouver and need an electrician? For typical rates in your area, check out our electrician cost guide.

Power Up with Confidence: Find Vetted Home Generator Experts on HomeStars

Are you ready to ensure your home's power needs are always met? Don't leave your home generator installation to chance. With HomeStars, you can connect with reliable electricians near you who are vetted for quality and professionalism. Don't wait—power up your home safely and efficiently with HomeStars now!

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FAQ: Common Questions Readers Ask About Home Generators

How long does it typically take to recoup the cost of a generator through energy savings?

Recouping the cost of a generator through energy savings is generally uncommon, as standby and portable generators for home use are typically installed for emergency power backup rather than for reducing utility bills. The primary financial benefit is the peace of mind and avoidance of costs associated with power outages, such as spoiled food or interrupted home office work. However, in rare cases, those utilising solar generators with grid-tied systems might see savings over time, though this depends heavily on local energy rates and specific system configurations.

What financial benefits come with investing in a home generator?

Investing in a home generator can offer several financial benefits, especially during power outages. Firstly, it provides protection against perishable loss, such as food in refrigerators, avoiding spoilage expenses. Additionally, it ensures continuity for home businesses, preventing loss of income during outages. In areas prone to frequent power interruptions, a generator may also increase home value or even be a selling point. Moreover, some insurance companies may offer premium discounts for homes equipped with backup power solutions due to reduced risk of damages from outages.

What are the maintenance costs associated with owning a backup generator?

The maintenance costs for a backup generator typically include annual inspections and servicing to ensure proper functionality. These can range from $150 to $300 per year for regular servicing, which includes oil changes, filter replacements, and system checks. It's crucial to adhere to the manufacturer's maintenance schedule to prevent costly repairs and extend the unit’s lifespan. Additionally, costs may increase if you need to replace parts or if your generator experiences frequent use, especially under high-load situations. Regular maintenance not only reduces the risk of unexpected breakdowns but also ensures efficient performance when you need it most.