Cummins Power Generation Inc., a division of Cummins Inc., announced Tuesday (Nov. 10) that it will keep prices of consumer generator sets flat in 2010, due to consumer industry dynamics and market conditions.
Cummins Onan generator sets are employed in RV, marine, residential and a wide variety of mobile commercial and portable applications.
Meanwhile, the company also said it will raise prices for its commercial generator sets between 6 kW and 2500 kW. Prices of generator sets will rise between 1.5% and 2% effective Jan. 1, according to a news release.
This increase is due primarily to current industry dynamics, increasing commodity prices and projected market conditions. Cummins Power Generation’s commercial generator sets are used for continuous, prime and standby power in a variety of commercial and industrial applications.
The average prices of automatic transfer switches and paralleling systems will remain flat in 2010, driven by industry dynamics and projected market conditions. Like the company’s generator sets, Cummins Power Generation’s transfer switches and paralleling systems are used for continuous, standby and prime power in a wide range of commercial and industrial applications.