Purchasing generators is a capital investment for the operator. For small businesses and societies, it is quite difficult to invest in such huge expenses. The lack of knowledge and operating skills is also a major concern. All these issues have to lead to the emergence of a new medium of hiring generator systems. The operator can purchase the new models or used generators, or can hire the power systems on rent. The different systems have their advantages and disadvantages. Here is a complete guide to letting you know about the installation of the right system at your place.
Purchasing a generator
The most common type of installation method of the power system is through purchases. If you’re purchasing the new generator system, then go for the new models of the diesel generators. The diesel-powered engines are the most efficient and guarantee the highest electricity generation than any other energy source. There are many benefits to purchasing a diesel generator. The diesel as fuel gets consumed less. It guarantees electricity generation for maximum hours without the requirement of refilling the fuel tanks. They are considered best friends in case of emergencies. If the organization does not have such a high budget to purchase the new system, then buying the used generator is also a good idea.
Hiring the generators on rent
Hiring the generators on rent can be an economical decision for many. Many companies provide the facility of renting generators. It is also a cost-effective decision for the construction and mining industry. The construction activity could take place on rough terrains and in the outskirts of the local areas. It is beneficial for these sectors to invest in renting the generators. There are many things that one needs to take care of while hiring the generator system. Apart from the cost, hiring a power system also requires a thorough study of the model, design type, fuel efficiency, and other major decisions. Before hiring the generators, first, analyze the complete system, the requirement of your industry, and then hire the right engine set. The power systems on rent are also available on leasing and long term contracts.
How to make the right decision?
The decision whereas to purchase the generator system or hire it depends on many factors. Let’s study each factor one by one in complete detail.
Frequency of usage
There are two main uses of the power supply system. Some people use the generator system for the constant supply source of electricity in their businesses. They do not depend on the regular supply line of electricity. The other use of installing the power system is to use it as the backup generators just in case of emergencies. The use of the generator will help you in deciding the right system. If the frequency of its usage is high, then it is better to purchase the system. If your industry faces fewer power outages and brownouts then one can think of hiring the generators on rent.
Availability of the right technology
The advancement in the diesel generator industry has launched various types of generators. The availability of the right model will be a determinant factor in the selection of the right mode of installation. For example, the latest technology featured portable generators are available for rent for the small shops and housing societies. The large power system for operating high voltage power machines are also available for rent. The hiring of generators for a few seasons is common for homes also.
Maintenance and Repair Works
The old systems require high repairs and maintenance charges. The new models are available in the latest technology that has automatized processes, transfer switches, and digital panels that can be easily operated by the business operator. The new models have reduced the need for hiring a full-time technician for operating and maintaining the systems. Whether you are purchasing the generators or hiring them, it will be a wise decision of servicing the system for longer use. Check out whether the available model requires lease repairs and maintenance for making the right decision.
Cost-effective
It normally looks that the diesel generators on rent are more cost-effective than purchasing the same. But it is not always true. It completely depends on the type of generator you are purchasing and its usage area. The complete cost analysis should be made in advance for the right selection. An economical rent amount can become high if the system needs a technician and high maintenance. Similarly, a one-time investment in the generator can be more cost-effective in case of a purchase. Study and analyze the cost and revenue generation of your factory.
Conclusion
Renting and buying are two completely different activities. Both have their pros and cons according to the situation you are in. It depends on you as much as it depends on the machine you are going to invest in. There is no way to ignore the reliance on power; the better option is to look out for an alternate option for yourself. After going through the information, you must have realized that it completely depends upon your requirement. You need to assess that before investing in any new Genset or hiring one. Once you are sure, you can proceed accordingly. Also, ensure that you know everything about the specific model you are going to own. Your future depends on it.
Whether you are hiring or purchasing the diesel generators, ensure complete research and test of the model in advance. Read more about the Ablesales generators. It will help you in creating a better understanding of different power sets and their usage.