If you want your home to be warm and cozy, you need a furnace that works properly. Like any other appliance, a furnace becomes less efficient over time. Depending on its condition, you may need to repair or replace it. If you’re considering getting a new furnace, several factors affect its cost. In this article, we’ll explore how much a new furnace costs. Let’s get started!
Identifying your furnace’s signs can help reduce energy costs and expensive repairs. They are
The cost of the furnace system will be different depending on the brand. If you are looking for well-known brands, the cost will be higher. On the other hand, lesser-known brands tend to have comparatively lower price tags. Decide yourself by considering your HVAC expert’s suggestions, requirements, and budget.
Installation and labor costs can significantly increase the cost of replacing a furnace. A new furnace may not be the same size as the old one, requiring ductwork modifications, cleaning, and sealing. The new unit may also not align perfectly with existing gas lines, electrical connections, or vents. High-efficiency models may need additional PVC piping for intake and exhaust, and some wall controls may require extra wiring. Installation costs vary by dealer, and some offer discounts on equipment through service agreements or overstock deals. Ensure that the work is done by a certified HVAC professional instead of a DIY to get the job done correctly.
The cost of a furnace depends partly on its energy efficiency. The higher the efficiency, the higher the price. However, a more efficient furnace can save you money on energy bills. Every furnace in the U.S. must display its AFUE rating, which shows how effectively it converts fuel into heat. You can find this rating on the yellow Energy Guide label, manufacturer websites, or by asking your local dealer.
These furnaces use two heat exchangers instead of one, making them more efficient and expensive. They can lower energy costs over time.
These meet the U.S. minimum efficiency standard (80% AFUE) and cost less than high-efficiency models. They have simpler components, like a single heat exchanger and basic controls, making them more affordable upfront.
When referring to the furnace size, it indicates how much heat it can produce. A furnace with more heating power is usually bigger and costs more than one with less power. A professional HVAC expert can help you determine the right furnace size for your home. They will consider your home’s size, ductwork, windows, and insulation. Since prices can vary between HVAC contractors, it’s a good idea to get quotes from multiple professionals to find the best deal on the right-sized furnace.
Electric furnaces are a great choice for areas with mild weather. The installation is because they need electricity to work. They are more affordable than gas furnaces, but the operational costs may be higher. Replacing an electric furnace usually costs between $2,500 and $4,500.
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Gas furnaces are the most preferred choice for homes with access to a gas line. Since gas is usually cheaper than electricity, running a gas furnace is more affordable than an electric one. The cost to replace a gas furnace ranges from $3,500 to $10,000, with an average cost of around $7,000.
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Propane furnaces are a good option for homes without gas. To replace an old furnace with a propane one, you’ll need enough space for a propane tank. Buying and installing a propane furnace costs $2,500 to $7,500.
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Knowing the cost of a furnace and the factors that help you choose the right one for your home is important. While the initial price matters, it’s also important to consider long-term energy savings and the overall value of your investment. Smart Heating and Air Conditioning is here for you if you are looking for furnace replacement! Our expert team will assess your home’s needs and recommend the perfect, energy-efficient furnace for reliable warmth all winter long with the installation cost. Contact us today for a free quote!
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