![]() There is a commonly accepted range of about 2,000 to 4,000 hours of power in a generator’s lifetime. Whole-house generators are such a great investment because they can last a lifetime. How Long Does a Whole-House Generator Last? Of course, this requires proper documentation when you file your tax return. However, if someone in your family has a medical device that relies on electricity, you may be able to deduct it from your taxes as a medical expense. In general, the cost of a whole-house generator and its installation are not tax-deductible. Is a Whole-House Generator Tax Deductible? That means if you spend $6,000 on the generator, it will add about $9,000 of value when you sell your house. ![]() Whole-house generators are a very attractive feature for many prospective buyers and can get you a whopping 150% return when it’s time to sell. Not only does it give you peace of mind during extreme winter months and heavy storms, but it also directly adds value to your home. Whole-house generators are one of the best investments you can make in your house. Does Adding a Whole-House Generator Increase Home Value? Investing in a whole-house generator now will save you thousands of dollars in your lifetime. A flooded basement and subsequent mold removal can easily cost you over $20,000. When you consider the costs of common home repairs due to damage from blackouts, coupled with frequent and severe extreme weather, it becomes evident that a whole-house generator can save you a lot more than it’s worth. With such a steep price tag upfront, many homeowners wonder if a whole-house generator is worth it. The installation will also run you a few thousand dollars. They can be pretty pricey and typically range from $1,500 up to $20,000 for high-end ones. Whole-house generators are an investment worth saving up for. How Much Does a Whole-House Generator Cost? Since you are taking a big step in protecting your house from lots of different types of damage, many insurance companies reward this with a 5-10% discount. If you invest in a generator, your home insurance costs may actually decrease. The value of a whole-house generator goes beyond its price tag. A whole-house generator gives you peace of mind that your critical medical devices will still be able to operate in a blackout, no matter how bad the weather gets. ![]() If you or a loved one must rely on a medical device like an oxygen tank, CPAP machine, or home dialysis, you can’t afford to run the risk of losing power. A whole-house generator will ensure your security system stays on for the duration of the power outage, keeping your family safe. In the event of a power outage, your home’s security system will lose power, leaving you and your family vulnerable. In these circumstances, a standby generator not only keeps your family safe and comfortable, but your basement dry. During power outages, a sump pump cannot operate and you may be faced with flooding of your basement. Prevents Basement Floodingįor those with basements in an area prone to flooding, a sump pump is an essential item that removes water before it has a chance to accumulate and overflow. A generator keeps your heating system on and prevents your pipes from freezing over and bursting. This can lead to frozen and burst pipes that can cost you upwards of $10,000 every time it happens. Prevents Frozen and Burst PipesĮxtreme cold in winter months can cause power outages, taking your heating system down with it. Thankfully, a whole-house generator restores power immediately, keeping your fridge and freezer on and your food fresh. This costs many families hundreds of dollars and creates considerable food loss or food waste. Extended blackouts can render the entire contents of your fridge and freezer inedible after 24 hours. The average family of four spends nearly $1,000 on groceries every month. We’ve listed some benefits of whole-house generators below. The advantages of adding a whole-house generator are multifold. How Does a Whole-House Generator Add Value to Your Home?Ī whole-house generator provides an easy solution to blackouts or crashes on the power grid. Read on to see how adding a whole-house generator will add value to your home. So, the answer to “does a whole-house generator add value to your home” is yes! This article will discuss the benefits of whole-house generators. When this happens, the device automatically turns on and restores power to your entire house. Whole-house generators detect when the power goes out. Many homeowners are looking to whole-house generators as a way to avoid the impacts of power outages. Prolonged outages can cause several minor and major problems in your home and cost you a lot of money. ![]() Power outages are a common occurrence during extreme weather, and there’s very little you can do to prevent them. When extreme weather hits, you want to know your home is ready and your family is safe.
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