- April 12, 2021
- By: pinnacle
- in: Insight
Diesel-powered generators are a must-have backup option for all financial and banking institutions. A continuous power supply is necessary for banks if the main power supply is unavailable for a few hours or days or even longer than that, which can only be provided by a reliable commercial generator.
If banks have Genset as power backups then it can save them from the risks associated with the sudden loss of electricity in the following ways:
- By keeping ATM terminals functioning.
- By enabling them to move forward with its standard financial business processes and continue to serve its customers.
- Ensuring that customers can access online banking platforms.
- Helping to safeguard sensitive customer data by keeping it out of the hands of cybercriminals.
- Ensuring that the building’s alarm systems are working.
Installation of power generators is also essential for maintaining compliance with federal data protection and privacy regulations. Having a Genset gives a peace of mind that your business is working without any interruption, at times of severe storm or other catastrophic events that can cause a power outage that interrupts the supply of grid electricity for an extended period.
We all know how to rent a bike or car or a house, but we are still not aware of the process of renting a generator. There are a few basic things that need to be understood before going to rent a generator.
Why rent a generator?
There are so many benefits that you can access if you decide to rent a generator as a power backup for your start-up or company. Renting a generator is cost-effective which in turn reduces the financial cost of the start-up. Also, the cost of generator maintenance, servicing, and any breakdown in the backup power is provided by the Genset service provider during the rental time period.
- When to hire a generator?
Whether you should buy a Genset or just rent it, depends totally on your company’s external power requirement. If it’s not too much or you want to use it on a temporary basis, then you can go renting the generator. But one thing you should always keep in mind is the total cost of renting for hiring duration and compare that to the cost if you’re buying it. Obviously, if they both are equal then you should go for buying one.
Advantages of Renting a Generator set:
There are a few advantages of renting a Genset rather than buying it. Some of them are mentioned below:
- Ownership cost of Gensets on rent is Zero
- Generators are easily available on rent
- Hired generators have a very rare maintenance cost
- There is an option easily available for substitution
- Cost-effective for start-ups
Pinnacle generators are highly fuel-efficient, cost-efficient and have been working continuously since 20+ years, providing seamless power solution to the renter belonging to a wide range of sectors such as Construction, Manufacturing, Oil and Gas, Renewable energy, Shipping, Mining, Events, Data Centres, IT and Financial, Agriculture, Facility management, Infrastructure, Metro, Rail & Road Constructions, etc.