Problems with the aging power grid, most commonly in the form of power loss, creates immense expense. On average, power outages cost American families $150 billion per year due to damage to electric appliances and loss of productivity. While the majority of outages are caused by inclement weather, aging infrastructure, and changing climate patterns are placing more pressure on power grids leading to more frequent outages.
From inconveniences like spoiled food and lack of electronic devices to more serious issues like frozen pipes and extreme heat without climate control, power outages have a major impact on the quality of your life.
Purchasing a Home Generator
While standby home generators provide peace of mind in the case of power outages, they are a home improvement investment. Depending on the size of the home and power capacity needs, the average total price from initial purchase to installation can range from $6,000 to $11,000.
Additionally, generator installation is not a DIY project — a professional electrician must install the machine to ensure high quality and safety standards.
Ultimately, does a whole house generator add value to a home?
The Value of a Home Generator
The short answer is yes. A home generator can increase the value of your home by an estimated 3% to 5%, according to one report. The payoffs of a standby generator for homeowners are significant.
Aspiring homeowners are increasingly looking at standby generators in homes as a selling point. Because power outages are expensive and dangerous, new homeowners desire the added level of security home generators provide.
In addition to increasing the overall value of your home, a generator can help you save large sums of money on home repairs that result from prolonged power outages. For example, repairing burst pipes can cost upwards of $10,000, and mold removal ranges from $500 to $30,000. With a standby generator ready to power your home in an emergency, these are costs you can avoid.
A home generator can increase the value of your home by an estimated 3% to 5%.
Peace of Mind
Just like other home renovations, a generator is an upfront investment made for both an immediate and longer-term reward. You get to enjoy the security and stability of constant, reliable power while also enjoying the payoff as your resale value improves for prospective home buyers.
The average cost of home renovations and replacements is comparable to that of a standby generator.
|Bedroom||$1,500 - $10,000|
|Central AC Replacement||$3,000 - $7,000|
|Bathroom||$5,000 - $25,000|
|Standby Generator||$6,000 - $11,000|
|Roof Replacement||$6,000 - $11,000|
|Kitchen||$10,000 - $50,000|
|Basement||$10,000 - $75,000|
While the perfect shower tile can make a visual impact, the impacts of an unexpected power outage can cause short-term inconvenience to long-term burdens on your life.
As an investment, a home generator saves you money and offers you peace of mind in the long run. Learn more about Briggs & Stratton home generator options.
Ready to start protecting your home?
Our Whole-House Generator Sizing Calculator allows you to select what you want to power in your home and directs you to the appropriate-sized generator system.