Costing of Furnace Replacements

The expenses of installing or replacing a furnace are approximately $5,500. The costing spans from $2,572 – $6,212 and is inclusive of equipment, materials and labor charges. If you are looking to replace a gas furnace, your costing will be in $3,800 – $10,000 range. The amount might increase for high-efficiency models as the installation process is complex in these. Installing electric furnaces is comparatively cheaper – approximately $2,000 – $7,000. Almost $500 – $2,000 goes in labor costing of the total budget.

Consulting an HVAC professional is the best thing to do. They can identify the heating requirements and give free quotations for the work. The HVAC professional will analyze the configuration, design, size and age of your property to ascertain the best cost-effective measure for heating the property. Live-able square footage of the property, location and energy utility bills are all important factors for choosing the right size, type and model of the furnace.

Average Cost to Install a Furnace

  • Average costing – $4,388
  • General range – $2,572 – $6,212
  • Low range – $2,000
  • High range – $40,000+

Average Cost for Furnace Replacement

The average cost for furnace replacement goes from $2,000 – $7,000. The cost is dependent on your location and the type of furnace. For geothermal models, you might need to spend as high as $40,000.

  • Gas – $3,800 – $10,000
  • Electric – $2,000 – $7,000
  • Oil – $6,750 – $10,000
  • Mini-Split – $5,000 – $15,000
  • Geothermal – $10,000 – $40,000+

There are many brands of furnaces available in the market. Research properly and choose the one which seems most suitable for your home.

Gas Furnace Replacement Cost Estimator

The average cost of installing gas furnaces is $3,800 – $10,000. But the rates might shoot up to $12,000. When compared to standard models, the high-efficiency models are almost 50% – 100% more expensive. The labor cost for installation begins at $1,600.

Oil Furnace Replacement Cost

For installing oil furnaces, you will end up paying almost $6,750 – $10,000. When compared to electric and gas furnaces, these furnaces have been used extensively. However, due to soaring oil prices, these furnaces have become kind of obsolete.

Costing of Electric Furnace Replacement

The cost of an electric furnace installation is around $2000 or more. These furnaces are mainly used in places where the winters are not very chilly. These furnaces are more in use in the form of geothermal systems and heat pumps. These furnaces are highly efficient but their running cost is more as they consume a considerable amount of electricity for heating the home.

Costing of Furnace Removal

In certain cases, the recyclers come and might take away the old components for free of cost or for a minimal fee of $50. However, if you are planning to get the old furnace removed by professionals, you might end up paying $60 – $500 or even more. Some factors which decide the furnace removal fee include:

  • Ease and convenience of removal
  • Distance to a dumpsite
  • Dumping and environmental fees

Cost of New Furnace Installation

The cost of installing a new furnace is in the range of $2,000 – $10,000. The costs include unit cost, equipment charges and labor cost.

  • Unit costs – 50%-75%
  • Equipment, removal and permit costs – 15%-25%
  • Labor costs – 20%-30%

Labor Charges for Furnace Installation

For installing a furnace via professional labor, you will have to pay $150 – $500. If you are looking to hire a licensed furnace installer, be ready to pay $50 – $100 per hour. If there is any additional team member, you pay $50 per hour per member. The cost will depend on set-up and if new ductwork needs to be installed or needs repairing.

Cost of Installing Furnace And Ductwork

The cost of installing ductworks is $3,000 – $5,000 on average. The majority of furnaces will not function properly if the vents, ductworks and other kinds of filters are not installed in the right manner for the new heating system. There are many factors on which the total cost of installation is calculated. These include:

  • Accessibility
  • Output and intake vents
  • Numbers of stories in the house
  • Temperature control zones
  • Wall and siding material

If ducts need repair, the costing is in the range of $1,000 – $5,000.

Permits and Inspections

Depending on the location, the cost of the permits is in the range of $400 – $1,500. In the majority of the places, inspection fees of $100 are included in the permit price. An inspection ensures that the machine operates properly. Free inspections are also provided by many local gas providers. Choose the inspector wisely.

Prices of New Furnaces

  • High Intensity Infrared Heater – $500 – $3,000
  • Gas furnaces – $900 – $5,000
  • Oil – $1,800 – $6,000
  • Electric – $500 – $3,000
  • Coal – $3,000 – 10,000
  • Geothermal – $2,000 – $20,000+
  • Solar – $15,000 – $30,000

Natural gas and propane furnace costs

The cost of installing a natural gas furnace is in the range of $1,000 – $6,000. The costing depends on the brand and also if the conversion is taking place from electric to gas. Conversion to propane furnace takes place at $200 – $500 including labor charge.

Some advantages of natural gas and propane furnaces include inexpensive sources of fuel, higher efficiency than electric, great for northern climates and quickest way for heating a home.

The disadvantages include high environmental impact, need of thorough ductwork and works well in homes that are well-insulated and sealed.

Oil burner heating unit expense

The cost of an oil-burning unit is $1,800 – $6,000 barring labor cost. Though this kind of furnace was popular previously, now increasing oil costs have made these almost obsolete.

With onsite storage of fuel, these furnaces were supposed to be more environment friendly than natural gas. But the furnace releases carbon monoxide into the air.

Cost of electric heater

For the whole house, an electric heater would cost about $500 – $3,000. Initial costs of the heaters are quite low, but the recurring costs are quite high.

These heaters are safe and have high efficiency. Also, they are very low on maintenance. However, they take quite a long time for heating the house and come with high monthly expenses.

Cost of Coal Furnace

Coal furnaces come in a wide range from $3,000 – $10,000. Their functioning is much like pellet or wooden stove. Coal is burnt in the central chamber and the air surrounding the space gets heated. There are fans which blow the warm air through the ductworks.

If you are looking to install a pellet stove, you will have to pay $1,000 – $3,000.

Installing wooden stoves come at $900 – $3,500. These need constant cleaning and don’t connect to the ducts very easily. The boiler also needs to be fed at an interval of 12 hours.

Solar, Geothermal and Other Green Options

Geothermal, solar panels and other environment-friendly heating systems come in the range of $2,000 – $30,000. The upfront costs of installing these heating systems are quite high when compared to the costs of other heating systems. However, in the long run, these systems prove to be highly cost-effective.

Costs of Heating System As Per Size

In an average home about 100, 000 BTUs of heating is needed. The cost of this comes to about $3,000 – $4,500. The AFUE ratings should be considered seriously as that decides the actual heating capacity of the furnace.

Size of Furnace That Is Needed In Homes Commonly

A general home typically requires 30 – 50 BTUs per square foot. Calculating the square footage of the home is needed for figuring the average heating capacity that the home needs. The climate zone in which the house is located is also an important factor to be considered for choosing the size of the furnace.

Popular Brands Dealing In Heating Units and Their Average Costing

  • Carrier – $1,600
  • Amana – $2,350
  • Trane – $1,600
  • American Standard – $1,600
  • Rheem – $1,200

All these brands offer 10-20 years warranty on their products.

Cost Factors for Forced Air Furnace Installation

There might be some additional expenses while installing a new system or while switching fuel types for furnace or while relocating the furnace.

  • Drywall repair costs – $250 – $800
  • Gas line costs – $300 – $800
  • Electric circuit costs – $500 – $2,000
  • Fees and permits – $350 – $1,800
  • Framing costs – $1,000 – $2,800

Home Size, Climate Zone and BTUs Furnace Cost Factors

Furnace Size (BTU) Standard Furnace Cost with Installation*
40,000 – 60,000 $2,000 – $4,500
75,000 – 100,000 $2,500 – $5,900
120,000 – 140,000 $4,000 – $8,000

When a technician visits your home/office to install an HVAC or heating system, he will perform specific load calculations to figure out what the BTU will be. BTU denotes a British thermal unit and it indicates the amount of energy needed to heat one pound of water by one degree Fahrenheit more. The factors impacting Load calculations are:

AFUE Rating- Annual Fuel Utilization Efficiency, referred to as AFUE of 90 denotes 90 percent efficiency. So, one 100,000 BTU furnace with 80 AFUE will actually put out 80,000 BTUs. The furnaces are usually sold with AFUE sticker.

  • Standard Efficiency is 80-89 AFUE
  • Mid-level Efficiency is 90-95 AFUE
  • High Efficiency is 96+ AFUE

Climate zone- The new changes made to the ASHRAE climate zone map aids a person to determine the precise heating needs.

Livable Square Footage- The room size has a direct impact on the furnace size, as it is.

Crawl Space vs. Attic Furnace Prices

You may be a tad unsure about using a furnace in the attic and crawlspace. It has to be analyzed carefully.

Attic- It is best for offering cooling to the top floor and requires reinforcing the structure as well as insulation.

Crawlspace- It is suited for single-story homes. Here ductwork can be set up with ease.

Frequently Asked Questions

How much it costs to change an electric furnace to a gas-based one?

Typically, the cost of converting an electric furnace to a gas-based one hovers between $5,000 and $15,000. A few additional charges may crop up.

  • Ductwork installation-$8-$12 for each linear foot
  • Gas line installation-$15-$25 for each linear foot
  • Return air stack- $1,000 to $5,000

How much will it cost for furnace relocation in a house?

Relocating a furnace inside the home will cost you between $1000 and $20,000, roughly. If the relocation distance is not much, the cost will be on the lower side. It may involve a few feet of additional ductwork. However, if it is a large house and you want the furnace to be shifted from the basement to the attic. That is likely to be a costly affair. It will involve ductwork setup, electrical circuit setup, drywall etc.

How much will it cost to change a heat pump to a gas furnace?

To make a heat pump into a gas furnace the old pump must be removed. A new furnace must be set up. The cost can be between $1,000 and $5,500. The new system can be used with the existing ducts. However, it would be better to get it checked well by a nearby duct cleaning service.

How much needed to replace a boiler with a furnace?

Replacing a boiler by using a furnace may cost you anywhere between $2,000 and $6,000. If you just remove the old system you may have to pay $1,000. The accessibility, complexity and size of your existing setup will affect the final price.

What’s the approx cost of converting medium from oil to electric heat?

The approx cost to convert to electric from oil-based heating is $2000-$5000. You may have to spend $4000 on this.

How long can a gas furnace typically last?

The average lifespan of a typical and well-maintained furnace can be 20-25 years. If your furnace is less than 15 years old and you maintain it well, you may contact the company for making small repairs before seeking a replacement.

When should I ideally replace my furnace?

On average, replacing a furnace after 20 years of usage is advisable. However, replacing the furnace for energy efficiency is the cause for some owners. If you are among them, look for insulation and perform a home energy audit.

What is the most apt gas furnace for my home?

The apt gas furnace for home use will be a centralized setup having a fan. However, it is hard to zero in on size, location without paying a site visit. Contact an HVAC service provider in the region for getting an estimate.

What’s the dissimilarity between an oil, gas and electric type furnace?

You may not be well versed in these subjects. However, the main difference between these furnaces is in the type of fuel or power source used. Not all of these furnaces can heat up the rooms equally fast.

Electricity based models take a longer time to generate heat. If it is solar panel driven, the efficacy can vary. Gas and oil-based furnaces offer faster heating, but these are not much environment friendly.

What’s the difference between a boiler, furnace and heat pump?

In a boiler-based model, gas or electricity is used to heat up water. The water then circulates all through the setup, while heating radiators in the rooms. Furnaces usually have central locations to push hot air throughout the home.

The Heat pumps rely on a refrigerant solution to move heat from water or air to the rooms. The Ductless mini-split heat pumps may cost you approx $1,300 to $8,000. They are used widely in households. Geothermal based units are actually much more efficient.

What’s the approx cost of air conditioner and furnace replacement?

The average combo air conditioning and heater unit replacement will cost you between $3,000 and $8,000.

How much will a high-efficiency furnace unit cost?

The top High-efficiency furnaces may cost you between $2,000 and $3,000. For installation, be ready to pay an additional $500 to $2000.

When you are looking to install or replace a furnace, contact Central Heating and Air Conditioning at (404) 261-2280 and get the work done by professionals.