Paying For Equipment & Services

It is easy to afford by selecting Backup Power-as-a-Service: Rather than investing capital upfront, Backup Power-as-a-Service provides everything for a low monthly fee. Other benefits include: a) you are not responsible for service and maintenance, b) all regulatory and utility filings, permitting and emissions are handled by your service provider, and best of all, c) the service provider monetizes the generator by selling services to the grid and shares those savings with you. For customers in areas with high demand charges or high price volatility, the shared savings can completely offset the monthly payment.

The easiest way is to access the Energy Information Administration’s (“EIA”) website at https://www.eia.gov/. This is a non-partisan agency that provides comprehensive energy data for the United States.

If you believe you will need backup power frequently (such as annually during hurricane season), then no – renting is considerably more expensive than owning or opting for Backup Power-as-a-Service because several months of rental payments typically equal the cost of a backup generator. Also, to ensure availability of a rental unit when you need it typically requires customers to pay a reservation amount on top of the rental payment. This reservation payment is usually equal to a couple month’s rent. Availability of rental generators is very uncertain; when a natural disaster strikes, rental generators are sold out in the first few hours.

This depends on the fuel type and price, as well as the generator’s efficiency. As a very rough rule of thumb, a natural gas generator will cost between 8- and 12-cents per kWh, and a diesel generator will cost between 18- and 25-cents per kWh.