How much does a furnace cost?
A mid-efficiency furnace installation typically costs between $1,500 and $2,500. Annual fuel usage efficiency (AFUE) ratings for mid-efficiency furnaces range from 80% to 89%. They exhaust through a metal or masonry chimney. When you install a new furnace, your current chimney might need to be updated. The typical price to install or replace a furnace is between $2,150 and $5,900.
The average cost of installing or replacing a furnace is between $2,544 and $6,127. Gas furnace replacement is more expensive ($2,000–$10,000) since the process is more complicated. You should anticipate spending between $1,000 and $6,000 if you have an electric furnace.
An oil furnace replacement costs between $4,500 and $7,000, but geothermal furnace repair can run you anywhere from $3,000 to as much as $30,000. Depending on your desired brand, the actual price will vary. Expect to pay 50–100% extra for a high-efficiency model if that’s what you want to get.
Increasing the durability of your furnace
Consult a professional before you purchase a new furnace
Summary
It is important to study all the above factors while purchasing and installing a new system in your home. All these things contribute and are important in deciding how efficient and suitable a system is for your home. Also, it is necessary to contact a professional company for the installation process.
Every furnace installation by Home Energy Group includes a home study to fully comprehend each customer’s furnace requirements and provide suggestions for the best-fitting furnace model.
Visit our site on the various furnace alternatives to discover more about the many types of furnaces available and their respective advantages and disadvantages.