Another advantage of batteries is that you could spend some more money and buy solar panels and charge them during the day. That cuts down on the generator use, gives you noiseless operation when people tend to be up and about, and provides one more source of energy.
Even when you run out of propane and the natural gas cuts out, so long as the sun shines, you have some power to use.
And you could always buy a wind generator as well. And if you have a stream nearby, you could buy a water-powered generator.
One thing I’m working on is building up some LED lighting. Whenever I see clearance sales, I buy one or two. They use so little electricity, that if you were to use a battery system, you’d need very little to light up your house (and frankly, light is one of those things we all take too much for granted.