I've gone back and forth trying to decide between an interlock and a 6-circuit transfer switch. Yesterday I went to our local Lowes...about 30 miles away. I had pre-ordered the 6-circuit Reliance kit but was having cold feet about it. I intended to take it out of the "locker" and walk 30' and return it. But then I saw I had a 90-day return window on it. Hmmm, so I went and picked up a generator inlet box and a 2-pole 30amp breaker. When I decide which route I'm going to go I have the equipment on hand to install...then a trip back to Lowes for the return merchandise. Yeah, I'm struggling here.
Our usual routine to run a (borrowed) generator is to run it roughly four hours a couple of times a day to keep the freezers froze. Seems to work fairly well. But, we haven't had to do that during scorching weather so it might be have to run for longer periods or add another run in the schedule. I'm figuring a tank a day of gasoline, not sure about the propane...small bottles would be only for emergency, emergency backup and the big tank for the long haul...if that makes sense. The Champion 7850/6250 is stated at running 10 hours on a full 6-gallon gas tank and 6.5 hours on a 20# propane bottle...at 1/2 load.
Yes, in trying to calculate my wattage needs I was looking at generators running in the 4kw range...the fuel "mileage" looked good. But, when I looked at running the generator at the recommended 1/2-load duty I kept upping the wattage...all the time looking at the fuel use "guesstimates". With gasoline I'm looking at ~6250 running watts, with propane that drops to 5.6kw.
So many things I'm pondering it gets a bit confusing at times.
ETA: I've heard many people mention that getting a generator is good insurance against power outages, just as you commented!