A welding system comprising a welding-type power source and a protective cover for the welding-type power source. The protective cover may be comprised of a synthetic fabric and a polymeric fluid barrier. The protective cover may have a member secured to the synthetic fabric to enable a user to grip the member to lift the cover from the welding-type power source. The protective cover may have a plurality of eyelets to enable the cover to be drawn against the welding-type power source. The protective cover may comprise a portion adapted to receive an exhaust pipe of the welding-type power source. The portion of the cover adapted to receive the exhaust pipe may comprise a heat-resistant synthetic fabric.