Are you wondering how much does it cost to install a generator? Well, the cost to purchase a generator can vary widely depending on several factors, such as the type and size of the generator, the brand and model, and the features and accessories included. Here are some general price ranges for different types of generators:
- Standby generators: Standby generators can range in price from a few thousand dollars to tens of thousands of dollars, depending on the size and power output. A small, entry-level standby generator might cost around $2,500, while a larger, more powerful unit could cost $10,000 or more.
- Portable generators: Portable generators are generally less expensive than standby generators, with prices ranging from a few hundred dollars to a few thousand dollars. Smaller portable generators can cost as little as $200 to $300, while larger models with more power output can cost $1,000 or more.
- Inverter generators: Inverter generators are typically more expensive than traditional portable generators, with prices ranging from around $500 to $2,000 or more. However, they are generally more fuel-efficient and quieter than traditional generators.
- Solar-powered generators: Solar-powered generators can be quite expensive, with prices ranging from several hundred dollars to several thousand dollars or more, depending on the size and power output. However, they offer a clean and renewable source of energy and can be a good long-term investment.
It is important to keep in mind that the cost of a generator is not the only factor to consider when choosing a backup power source.
Keep reading for more information on installation costs.
The cost to install a generator can vary widely depending on the type and size of the generator, as well as the location and complexity of the installation. Here are some general cost estimates for installing different types of generators:
- Standby generators: The cost to install a standby generator can range from around $5,000 to $15,000 or more, depending on the size and features of the generator, as well as the cost of labor and any necessary permits. The cost of installation will be higher if a gas line or propane tank needs to be installed, and if additional electrical work or modifications to the home’s electrical system are required.
- Portable generators: Portable generators do not typically require professional installation, but you may need to hire an electrician to install a transfer switch to safely connect the generator to your home’s electrical system. The cost of installing a transfer switch can range from around $500 to $2,000 or more, depending on the complexity of the installation.
- Inverter generators: Inverter generators do not typically require professional installation, but you may need to purchase additional accessories such as a parallel kit or extension cords. These accessories can add to the overall cost of the generator.
- Solar-powered generators: Solar-powered generators do not typically require professional installation, but you will need to purchase solar panels and other components such as batteries and charge controllers. The cost of these components can range from around $1,000 to $10,000 or more, depending on the size and capacity of the system.
Other factors to consider include maintenance requirements, and fuel costs over time. It is also important to choose a generator that is the right size and power output for your specific needs to ensure that it will provide reliable backup power when needed.
Overall, the cost will depend on a variety of factors, and it is important to get a detailed estimate from a licensed professional before making a purchase.
For more information on the types of generators, please see our related blog, What is a generator?