What Is The Average Cost Of A New Furnace With Installation?

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Regular maintenance and tune-ups are necessary for your furnace. If repairs don’t work, replacing the unit is better. Your energy expenditures may go up if you have an old furnace that often breaks down and provides inefficient home heating.

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

Gas furnaces may last 20 to 30 years with regular upkeep. The typical lifetime is between 16 and 20 years. Oil furnaces may last up to 25 years with proper maintenance, but often only up to 15 to 20 years. A high-quality electric furnace should last 18 to 25 years. Suppose you adhere to general maintenance and operating recommendations. In that case, you can increase the lifespan of your furnace: Monthly air filter changes, prompt repairs, purchasing the proper size furnace for your house, and annual tune-ups are all important maintenance practices.

Consult a professional before you purchase a new furnace

Having a professional furnace visit your home to properly heat and get the most value for your money is important. The expert will be able to assess your ductwork and infrastructure during a visit to your house. They can assist you in choosing a furnace that compliments your home’s construction, size, and area. The price of your new furnace might increase by thousands of dollars if you buy a furnace that is too big for your house or is incompatible with your current ducting.

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.