How much does it cost to replace your furnace?

furnace replacement

Your furnace is an essential item in your home. If it needs replacing, you may be fervently searching all over the Internet to see how much it will cost you and if you have the budget for a new system. There are several factors that are important when considering replacing your furnace; type of equipment, efficiency, quality of installation, reputation of the Company you choose, and rebates and incentives that are available. Even if your furnace just needs a simple repair, it’s good to keep in mind what the costs are because eventually you’ll need to buy a new unit.

Heating furnace replacement cost: here are all the details you need to know.

What type of furnace do you need?
The first thing you need to determine is what kind of furnace you need to have for your home. Most furnaces will last between 15 and 20 years, so there is a good chance that you haven’t purchased one in a while. Most commonly, a natural gas furnace can cost between $4,000 and $8,000 depending on the efficiency and size of the furnace, as well as the quality of the installation.  Having your new furnace properly installed is very important factor to consider when comparing pricing to ensure optimal operation.  Choosing the right Company for your heating and cooling needs goes beyond the installation, make sure they are able to properly maintain your equipment each year to make certain the equipment is properly running and adhering to the manufactures warranty expectations.  This will also ensure you are comfortable in your home all year long.  Read what our customers are saying about our quality of installation and service.

Another popular option for heating is installing a heat pump. These are incredibly efficient and work wonderfully in the Portland Metro area climate.  There are 2 types of heat pumps:

Ductless heat pumps:  these require no duct work and are great for homes that have electric baseboard heat, cadet heaters or specific rooms that not comfortable with your traditional ducted system. The cost for a ductless heat pump ranges from $4,500-$6,500 for a single head and outdoor unit.

Air source heat pumps: These can range in price from $5000-$10,000 depending on the size, efficiency and the overall installation.  Heat pumps not only provide heat they have air conditioning during the hot summer months, making them a great investment for year around comfort.

Which furnace is the most efficient?
Being environmentally conscious is an important part of being a responsible homeowner. So, when you’re doing your research on available units, consider which furnaces have the best ratings/reviews for efficiency. New models are generally rated with 90 percent or higher energy efficiency, which not only means you’re doing something good for the environment, but that you’re helping decrease your utility costs.

Find out what rebates or other deals there are.
There are generally various rebates or other incentives out there that will help save you money and get you the best furnace for your money. Many of the furnaces come with the option of warranties which means you’ll be able to save money down the road. In addition, be sure that you ask what type of energy rebates, tax incentives, or other deals or promotions that are available.  These may yield hundreds and sometimes thousands of dollars in savings. If you can’t pay for the new system up front in full, that’s okay. There are plenty of financing options available that we will help you find out if you qualify for. If you do, the system can be installed right away so you’re comfortable just in time for the upcoming autumn and winter weather.

Not sure if it’s the right time for a new furnace? Contact our team today so we can come out and take a look at your existing system, then provide a quote on what it would take to get a new system installed right away.

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