Way to go. That sounds like a good price. I don't know how you plan to connect it to your house but I did mine by unplugging the clothes dryer and back feeding the 240 to the panel through the dryer plug. I used really heavy wire to prevent heat and voltage drop between the generator and the house. By making it an emergency non-permanent system, I avoided the National Electric Code. If its permanently connected, you have to abide by the NEC, and that gets real expensive. Don't forget to turn off the main breaker so you don't light up the neighborhood and the poor guy tying to repair the electric line.