January 25, 2024

How Generators Can Save Money in the Long Run

It’s easy to view a backup generator as a significant investment, but before you rule it out as too expensive, have you considered the long-term cost benefits of generators? Using backup power when the electricity goes out can save you money in several unexpected ways.

Reducing Expenses with Standby Power

Here are the top economic advantages homeowners and businesses alike can enjoy from using automatic standby generators:

  • Prevent food spoilage: The most immediate and potentially significant cost savings from uninterrupted power is the ability to prevent food loss. Without power, refrigerated food can spoil within four hours. Frozen food may last up to 24 hours if the freezer door stays closed, but some outages last much longer than this. Losing the contents of a well-stocked fridge and freezer can amount to hundreds of dollars and significant food waste.
  • Avoid flood damage: Does your home have a basement sump pump? This device requires electricity to operate. During a power outage caused by a thunderstorm, an unpowered sump pump leaves your basement vulnerable to flooding, which can easily cause thousands of dollars in damages.
  • Protect computers and electronics: Power outages and subsequent power surges can damage computers and other sensitive electronics. Replacing this equipment could set you back over a thousand dollars.
  • Save on miscellaneous expenses: Using a generator prevents you from paying outage-related costs, such as staying in a hotel or eating out due to the inability to cook at home. You also negate expenses like batteries and candles, the cost of which can add up during a prolonged outage.
  • Prevent work disruptions: For businesses and people who work from home, uninterrupted power means no downtime. You can continue working when your lights, electronics, heating and cooling equipment, and internet connection remain intact.
  • Add home value: The cost-saving benefits of generators extend beyond saving you money during emergencies—they also add property value. In regions where power outages are common, having a generator is a significant selling point, potentially increasing the property’s market value.

Return on Investment from Buying a Backup Generator

When evaluating the ROI of backup generator investment, consider the direct savings from prevented losses and the indirect savings from added convenience and continuity. While the purchase requires an initial investment, the long-term savings and peace of mind it offers are invaluable, especially if your home or business experiences frequent power outages.

Invest in a Backup Generator

At Seidel Electric Inc., we want our customers to know about the financial benefits of backup generators. Our family-owned and operated business has provided top-notch generator and electrical services since 1944. As a Certified Select Generac PowerPRO Dealer, we offer only the best backup power solutions. Our commitment to excellence ensures you receive the ideal setup for your needs. If you’re in Blairstown, NJ, or the Tri-State area, please call us at (908) 362-6191 to schedule generator installation today. We’ll help you make an informed decision when selecting a cost-effective power solution for your home or business.