Whether you need a new heating system or you want to replace your dead furnace, you’ll definitely look for a significant investment. When making your research about the furnace cost, it pays to consult a Heating, Ventilation and Air Conditioning (HVAC) professional first. A certified HVAC technician looks at your house—its age, configuration and size and helps you find the best way to heat it.
The first thing to hash out with your contractor is the type of fuel you prefer to use: electric, oil, gas or something else. Your house size, energy bills and location factor in to your final choice on which kind of furnace is best for your home.
Buying a New Furnace
There are lots of furnace brands to choose from, so it’s best to do your research beforehand prior to deciding which brand you go with. One reminder: the one that is mostly advertised on radio or TV ads might not be the one that works for your house. You need to factor in the cost of installation into your overall cost if you want it installed by an HVAC professional. Keep in mind that the brand greatly affects the furnace cost.
If you live in areas with harsh winters, gas furnaces are the best option for you. If you intend to choose propane over natural gas, be sure to factor in the price of conversation to the estimates as indicated by your local HVAC technician. Generally, gas furnaces can be changed to propane for just minimum fee. Usually, the conversion includes replacement of the jets, burners, gas valve or any combination of those parts, depending on the unit.
Electric furnaces are an ideal choice to those who live in regions without harsh winters. The best thing about electric furnaces is that they can function at high efficiency. However, they are generally more expensive to operate because they need a lot of electricity to heat your home. When buying electric furnaces, the brand really makes a big difference in pricing. Expect that the furnace cost is at premium for top brands.
Oil furnaces are ideally used in regions where oil is highly available. This type of furnaces is considered obsolete because of current oil prices. Just like electric and gas furnaces, the installation cost is generally more expensive for costlier furnaces since they are professionally installed by certified HVAC technicians.
Furnace labor costs
When installing a furnace, expect to pay for the labor cost. The labor price isn’t fixed, but many HVAC companies usually charge an hour rate of approximately $75. The cost of installation is higher for extensive duct work repair, of if a new heating unit is significantly larger or smaller than an existing furnace.
If you need an estimate on how much a new furnace cost, it’s smart to check with a trusted HVAC contractor. Your local contractor will answer your questions about the cost of installing a new furnace or replacing your existing unit.