How Much Does Generator Installation Cost?
Are you looking to install a new generator on your property? Investing in a generator for a home or office is a cost-effective way to ensure peace of mind while providing an added sense of security. Once the power goes out, a standby generator automatically provides energy to specified circuits.
If you are considering installation of a new generator or replacing an old unit that may be exhibiting signs of wear and tear, your best bet is to hire the services of a knowledgeable generator installation professional.
There are never 2 homes that require the same generator setup. This project requires a professional and is definitely no simple DIY task. We recommend you compare estimates from generator installation experts in your local area. This way you pay a fair price for a quality guaranteed job.
Different Types Of Generators
Regardless of which type of generator you decide to go with, all generators require some form of power to run, and each offers their own particular benefits. Homeowners will, therefore, choose their generator based on personal preference, the cost, and cleanliness. However, the main factor that will affect your cost to install a generator is the source of power you choose. This is a big decision because, the long-term costs of having a generator will be greatly affected by the type of fuel it uses.
- Natural gas generators: Natural gas generators are popular around the world due to their availability, usability, and reliability. Prices for generators powered by natural gas can vary depending on size and location. So you can expect the cost of installation to vary greatly for natural gas generators across the country.
- Electric generators: Similarly, electric or battery-powered generators are also readily available. There are several advantages electric generators have over gas generators. Battery-powered generators will power up quicker and aren’t as noisy as their counterparts. Plus, they are cleaner and you won’t have to deal with harmful emissions.There is a downside, of course...batteries only last so long. But, otherwise, you can expect to pay a minimal installation cost because these units are typically more manageable and do not require extensive work.
- Solar power generators: Finally, solar power generators are obviously powered by the sun. Also, they contain the ability to store power for later use when you need it. Generators powered by the sun are known to function just as well as their gas and electric-powered counterparts, and they are much more environmentally friendly.You will really enjoy not having to pay for future power and you can also apply for tax credits to cover the cost of solar generator installation.
Hiring a professional for your generator installation will ensure that you’ll get the job done in the least amount of time. But, be sure to compare a few estimates and discuss all your options with a local contractor before you go ahead with the installation.
How Much Does It Cost To Install a Generator?
Researching the cost to install a generator and knowing beforehand the overall price of typical similar projects will help you avoid sticker shock once the bill arrives.
- Basic 7-10kW generator: A generator of this size will be able to run a few basics of your home, and can come in anywhere between $3,000 to $5,000 fully installed. These type of generators often require a manual start.
- Mid-sized 12 - 20kW generator: A mid-sized generator will still not be able to effectively deliver power to the whole house, but it's still a very good option for those in need of constant cooling or heating.
- Larger 22 - 45kW generators: These are able to provide power to the whole house and will usually be installed with a protective "casing" and permanent connection to the home. The cost to install a generator of this size can start at $9,000 and upwards in the region of about $15,000.
Keep in mind that these estimates are based on national averages and do not factor in the additional long-term fuel costs to power your generator.
Remember that the range in the cost to install a generator is mostly due to the cost of the generator itself, no matter what you choose to install. Get in touch with a local professional to get a more accurate idea of what you need and what you stand to pay in your locale.
Other Factors To Consider
A standby generator typically requires a higher volume gas meter than what's standard on many homes. This will cost anywhere between $900 and $1,000 to upgrade the gas meter. To provide electric work up to code, electricians usually charge in the region of $60 - $85 per hour.
The cost to install a generator will also be affected if a concrete pad has to be put in place. This usually costs in the region of $69 - $75 per yard.
A new sub-panel will be installed near the original electrical panel, and an automatic transfer switch must be included. Should you require a new one, budget for around $1,000.
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