BY DEIRDRE JANNERELLI • Shared with Brook Realty by Bank5
Winter storms, hurricanes, Nor’easters; they can all wreak havoc on our power supply. And the truth is, a power outage can be a major headache. First off, when the power goes out you never really know how long it will be before it comes back on. Depending on the source of the blackout, you could be without power for hours, days, or even weeks. Then, there are all the various worries that come with a power failure. From a fridge full of spoiled food, to a freezing house with no heat, the bottom line is that power outages are no fun.
If you find yourself fearing power outages, you may want to consider buying a backup generator. A generator can provide power to your home, even when your community’s power source is down. There are two types of generators you can buy; a portable generator, or a permanent “standby” generator. Let’s take a closer look at each.
A portable generator can be moved from location to location, and is designed to only be used on an emergency or short-term basis. For example, portable generators are commonly used to provide power while camping. They can also be used to run power tools or appliances when electricity isn’t available. They typically run on gasoline or propane, but there are some solar-powered models as well. Portable generators are generally less expensive than standby generators, but their price can vary significantly depending on their size. The cost of a small or medium-sized portable generator could run anywhere from a couple hundred dollars to a thousand dollars, while a large version could easily cost you several thousand dollars. One of the most important things to note about portable generators is that most of them emit carbon monoxide. Because of this, it’s critical that a portable generator never be used inside your home, or near windows or doors.
A standby generator is sometimes referred to as a “whole-house generator”, or a “home generator”, and is permanently installed outside of your home. Generally considered a safer alternative to portable generators, standby generators turn on automatically when there is a power interruption, and they automatically shut off when the power comes back on. So, unlike a portable generator, there are no extension cords to plug in, and since you don’t need to turn them on or off, they can protect your home even while you’re away.
Depending on which size you choose, a standby generator can power all of your home’s critical systems and appliances including your cooling and heating, lights, refrigerators, and sump pumps. And unlike a portable generator, a whole house generator can run for several days.
If you’re interested in buying a standby generator, it’s important to have it installed by a licensed professional, as there are many separate components to the installation. The installation process for a standby generator typically involves the following steps:
No matter what type of generator you choose, a backup generator can be immensely helpful during a power outage. It can provide a sense of normalcy in a blackout, allowing you to keep the lights and heat on, prevent food from spoiling, and allow you to cook and charge your electronic devices. If you’re interested in learning more about affordable standby generator financing in Massachusetts and Rhode Island, visit https://www.bankfive.com/Personal/Borrow/Home-Energy-Loans/Generator-Loans.
And - Thanks to our lender partner at Bank5 Susana Neves-Coito