I would have fallen in the "pessimist" category as our basement floods during the snowmelt/rainy season. The generator saved my bacon. But! I've got lots of pruned trees and some beautiful ice photos.
Heat or Running Water? Easy!! Mrs Smoke
needs water for her various feminine functions and tasks regardless of the season - hot, cold or in between. I'd figure some way to heat the house in chilly weather or we'd sit in the basement rather than braise in the heat. (FWIW, I added a 30,000 BTU blue-flame natural gas heater in the basement that heats the whole house.) Our current residence is Mrs Smoke's childhood home; her father would hang blankets in the doorways and heat the kitchen with the natural gas range/oven during prolonged power outages.
Nowadays with solar chargers and LED lights, it's easy to illuminate tasks or a room. Failing those, we've got kerosene lamps and lamp oil stashed in the basement.