Generac Power Systems (NYSE: GNRC) is a leading global designer, manufacturer and provider of energy technology solutions and other power products. Founded in 1959, Generac introduced the first affordable backup generator and later created the category of automatic home standby generator. The company has continued to expand its energy technology offerings in its mission to lead the evolution to more resilient, efficient, and sustainable energy solutions. Generac went public in 2010 and is headquartered in Waukesha, Wisconsin.
Generac's product portfolio includes:
Home standby generators: Automatic backup power systems for residential use
Portable generators: Mobile power solutions for jobsites and recreational activities
PWRcell energy storage systems: Battery storage systems that integrate with solar panels to store and manage energy
Solar + storage solutions: Integrated systems combining solar panels and battery storage
Power washers: Electric and gas-powered cleaning equipment
Outdoor power equipment: Lawn and garden tools like trimmers and leaf blowers
Commercial and industrial generators: Backup power systems for businesses and large facilities
In September 2024, Generac announced the launch of its new PWRcell 2 Home Energy Storage System product series, featuring PWRcell 2 and PWRcell 2 MAX. The PWRcell 2 delivers 18 kWh capacity in a single cabinet and 10 kW max continuous power, while the PWRcell 2 MAX offers 11.5 kW max continuous power. These new products are designed to integrate with Generac's family of generator products, creating a smart ecosystem for greater resiliency and energy independence. Generac continues to build a comprehensive portfolio of residential energy technology solutions, including energy storage systems, generators, and EV chargers, to provide homeowners with greater control over resilient, efficient, and sustainable energy sources.
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