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Interlock Kit
Generator InterLock Kit
The cheapest and easist route is the interlock kit. You will need to look over your current panel, and see if they have a kit. They do not cover all ever made, but do have a lot. You will also need to make sure you have to full spaces. When its installed, you will probably move circuits around to make it fit since the dual pull breaker will need to be in the top most location. OR, you could update and put in a new panel which has a interlock kit available. The price might end up being cheaper than a transfer switch. With the interlock kit, you put whatever size generator breakers you want. Dual 30's=10awg, dual 50's=6awg. With the future in mind, you might as well use 6awg wire and 50amp breakers. Your current generator has its own breaker, so it is the weakest link, which trips first. When you have your larger generator, you are good to go. This is by far the best way with using your head. No extension cords, you just need to mind your usage. Obviously no cooking in the oven. Turn all things off and and flip on the hot water tank. Flip it off and run everything else. You control which circuits you want on or off.
Generator sub panel
Pro/Tran | Products | Reliance Controls Corporation
Its ok, but not as convient as using your whole panel. Say its setup, and you need to have lights somewhere, well you might only have 6 circuits in the sub panel. Yes, it works for some, but, having access to your whole panel is the way to go.
Generlink (depends on your utility)
http://www.generlink.com
This is a special collar which is fitted behind your meter. It has a cost, but again, it gives you full access to your panel. The collar has a special plug which you connect your generator cord too. My utility here installed one in about 10 minutes. I have the 30amp variety, special cord with 30 amp twistlock for generator end. No interlock, no permit, no wire, no drilling, no conduit, done.
Transfer switch
Transfer Switches for Generators | Northern Tool + Equipment
The more expensive approach. It works well, but, there are cheaper ways. The transfer switch itself is pricey, then you will still have to call your utility to have them pull the meter, electrician's time, and permit.
Special Transfer switch at meter
PSP Products > Products
I have a special 200amp transfer switch at a central farm distibution 400amp service. This is similar to the generlink, but larger. Dual 350amp anderson connector full power plug for a 30k pto generator. Same as above, I use my panels to shut off circuits if I want.
The above links are only general examples, use whatever company you want. Just factor in all the cost associated with it, and do it correctly. Stay safe. and keep the linesmen alive
