Budget and Long-Term Cost Considerations | Ready Power Now

Budget and Long-Term Cost Considerations | Ready Power Now

Upfront Costs by Generator Type

  • Portable generators: $500-$3,000
  • Standby generators: $3,000-$15,000+ (including installation)
  • Solar/battery systems: $2,000-$10,000+

Ongoing Operating Costs

  • Fuel consumption rates (diesel vs. gas vs. propane)
  • Maintenance costs (oil changes, filters, spark plugs)
  • Fuel storage and stabilizer expenses

Total Cost of Ownership Over 10 Years

  • Calculate fuel costs for typical annual usage
  • Maintenance schedule and costs
  • Resale value and lifespan considerations

When to Invest More Upfront

  • Frequent, long-duration outages = invest in standby or larger capacity
  • Occasional short outages = portable generator is cost-effective
  • Medical equipment or critical needs = prioritize reliability over cost

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