4 Things That Influence The Cost Of Your New Furnace

Posted on: 21 September 2020


If you're afraid your furnace won't make it through the winter without breaking down, you may want to replace it before the weather gets cold. Then you can relax and stay warm and snug during the coldest days of the year. If you haven't had a new furnace installed before, you may be wondering about the cost and what factors affect how much you'll need to pay. Here are four things that influence how much a new heating system costs.

The Type Of Fuel The Furnace Uses

Oil furnaces aren't used very often, so you'll probably choose between a gas or electric model. An electric furnace costs less for the equipment, but they are generally more expensive to operate. A gas furnace is more expensive, but your energy bills might be lower. Natural gas prices can fluctuate more than electricity costs, so you'll want to consider that as well.

The Quality Of The Equipment

A high-efficiency furnace costs more, but it also saves money over the long term. Talk to your furnace dealer about the different types and brands of equipment to find the right furnace for your home.

Besides choosing between a standard furnace and a high-efficiency furnace, you can choose between brands and sizes. However, the size should be chosen based on the load calculation of your home as determined by the contractor.

The Equipment You Need To Buy

When you have a new heating installation done, you might be able to use the old ducts and AC condenser to complete the system. If not, you'll have to factor in the cost of new AC parts and ducts. You might want to compare the cost of a traditional forced-air heating and cooling system to a heat pump that doesn't need ducts and that's more efficient to operate.

The Difficulty Of Installation

If your heating installation will be difficult, as might happen if your old furnace is in a tight space and difficult to access, installation might cost more. When you have a new heating system installed, you have to consider the cost of the equipment and the cost of labor. Since a difficult installation takes longer, you may pay more.

Set your budget before you start shopping for a new furnace, and then compare equipment based on quality, operating costs, and expected longevity, so you choose the best way to invest your money. A furnace contractor can also offer buying advice on upgrades that are worth the money and on the size and best type of equipment to buy.

To learn more, contact a heating installation company.