Commercial Generator Rental: Should You Rent or Buy Your Commercial Generator?
Deciding whether to buy or rent a commercial generator is not an easy decision, especially if you need one for a while. Is buying one worth the investment or is renting one the most cost-efficient? Are there benefits to either option unrelated to cost? Hopefully the next couple of paragraphs will help you in your consideration.
Basic Cost
Cost is probably the most important consideration for you. Fortunately, the solution to this just requires some simple math. First, determine how long you will need a generator and how much that would cost. Then, if the cost of renting a generator will be less than that of purchasing one, you should rent one. Otherwise, purchasing one will be worth it in the long run.
Other Cost Considerations
Seems pretty cut and dry, right? Not always! What if you cannot afford the initial investment needed to buy one? Believe it or not, rent-to-buy is an option and it may be the most practical one for you. Contact Woodstock Power today to see how they can help.
Advantages to Buying
As mentioned, investing in purchasing a commercial generator may be the wisest choice if you need a long term rental or if you find yourself renting generators often. However, outside of cost, the other benefits are threefold:
- No risk of not having a permanent power supply for your business.
- No time between the power going out and your business back up and running.
- If you need a custom engineered commercial generator for your energy needs.
Advantages to Renting
Although routine maintenance costs for commercial generators are low, you can avoid those costs and responsibilities by renting one.
Lastly, the most common uses for a rental generator are mobile efforts and disaster relief. If a disaster occurs in your area and takes out your business’ power, renting one is your best choice to keep your business running.
Contact Woodstock Power today and our expert staff will walk you through your best options!