New Furnace Costs, Installations & Purchase: Looking For a New Furnace?
Everyone has different priorities.
So Tell Us What’s Most Important to You and We’ll Make Sure You Get It.
Here’s 5 Tips to Help You Out
And Save You a Lot of Time, Money & Frustration
How long are you planning to stay in your home?
- If you are planning to stay in your home five years or more then things like furnace reliability and warranty become important in your decision. You’ll want a furnace that isn’t going to cost you a lot in repairs.
- If you plan to stay in your home less than five years, then paying less upfront for a new furnace may be the most important consideration.
No matter what brand of furnace you buy, have it installed by experienced experts.
- Studies show that good installations save up to 50% on repair costs.
- Studies also show that good installations can improve performance up to 30%.
The larger your home, the more important your furnace efficiency becomes.
- While all modern furnaces are made to be efficient, higher efficiency models are available that improve comfort and reduce energy costs.
- If your home is less than 1,500 ft2, a single-stage (single speed) furnace will be almost as effective as a higher efficiency model.
- For larger homes, a higher efficiency two-stage furnace will have lower energy costs and be noticeably more effective at maintaining comfort, particularly in the spring/fall shoulder seasons where demand is not as constant.
While performance is relatively consistent across brands, reliability isn’t.
- Even well known brands are proven to break down more frequently than the most reliable brands – up to 11 extra repairs over their life. At around $500 per repair that’s a significant cost.
In 2014, readers of a national product testing and research magazine rated American Standard Heating & Air Conditioning’s furnaces as the most reliable brand among leading manufacturers.
If you’re very concerned about the environment then that will impact your purchase decision.
- Generally speaking, the higher the efficiency of the furnace and the more stages it has, the less energy it will use and the less it will impact the environment. While the energy costs will be lower with a higher efficiency furnace that has more stages the upfront new furnace cost will be somewhat higher.
- Heat pumps that run on electricity are another option with lower environmental impact and because they produce more energy than they consume in electricity you could be surprised at how small the difference is in operating cost.
If you’re looking to connect with a local Furnace installation and sales specialist in your local market. Choose from the following cities below:
- For Furnace Installation in Kitchener Click here.
- For Furnace Installation in Waterloo Click here.
- For Cambridge Furnace installation click here.
- For Furnace sales and installation in Guelph, click here.
So how much does a new furnace cost?
There is no single best answer for this question as it largely depends on the size of your home, how efficient you want your furnace to be, and many other factors. As a generalization, a new furnace costs between $3500 and $4500 (installed) on average.
If You’re Still Not Sure or You Want the Best of All Worlds
Give one of our Comfort Advisors a call today
519-772-2010 or complete our contact form below:
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We were looking to minimize our costs which meant a less efficient unit. However, the gentlemen from Hogg Heating & Air Conditioning showed us with the saveONenergy incentives available and the reduction in operating costs, that we could actually be further ahead in the first year if we bought a high efficiency unit.
A great big thank you goes out to you and the Hogg Mechanical Technician for fixing my 84 year old mother-in-law’s home furnace. The unit stopped working during the night of the 3rd of March and you came to the rescue within an hour notice on the 4th, which was a very cold day.