Well for us, the main advantage of an automatic standby generator is to retain power when we are not there. Right now up at the cottage it is -4°F and so we would be toast in a power outage if it weren’t for the automatic generator transfer switch.
We also still have the connection for a portable generator that runs into the cottage, so if we get an extended outage in the summer, we can still use or 5500 W King gas generator, and just run it intermittently if we are up there. Gasoline and propane end up costing about the same to run each of the two generators.
EDIT: Actually I just checked the Kohler website, and the LP (propane) gas consumption for our Model 17RES propane-powered generator at 25% load is 1.57 gallons of propane per hour, which costs us about $90 a day, since our propane is around $2.50 per gallon. (Full 100% generator load is about twice as much, but almost all of the time the load would be minimal.) Gasoline, on the other hand, is close to $4 per U.S. gallon, which costs us about $4 up here, and the gasoline portable generator uses about 15 gallons per day, or about $60. On the other hand, the portable generator is a 5500, whereas the propane generator gives us 17k.