If you are looking a purchasing a new furnace I’m sure the first thing you are wondering is how much it will cost. Due to each homeowner’s needs and home details it is impossible to give a “one size fits all” answer. Here are a few important things to consider to help you get a better idea of how much you will be spending and what questions to expect.
- Your Energy Source
The first thing to consider if the type of energy source being used. Usually, electric furnaces are the least expensive, with gas then oil furnaces.
Much like computers, furnaces are much more efficient than the huge mammoths from back in the day. This means you have so many different options when looking for a new furnace. A furnace with higher AFUE ratings will run more efficiently, and so they will cost more to purchase upfront, but end up saving you money in the long run on your utility expenses.
While you search for a new furnace, remember that a jump from a standard efficiency furnace to a high-efficiency furnace can cost anywhere between $500-$1,000+ depending on the size and energy source.
- Size Does Make a Difference
Having the right sized furnace can save significant amounts in energy costs over time. It can also save money upfront.
As with most things, bigger = more expensive. Have your HVAC contractor determine the correct sized unit for YOUR home. Over sized furnaces can cost more upfront and cause higher energy costs over time.
Installation costs have several factors. Time it takes to install the equipment, where it is being installed, difficulty of installation, and may include new duct work. I know you may be thinking your ducts are good to go, but sometimes if your new equipment is more efficient new duct work may be necessary for proper air flow and reach the maximum efficiency of your new furnace.
When is comes to HVAC work, it varies greatly on your home and the equipment you pick.
It can be a challenge process to find the right furnace when you consider all the factors. When you begin your search for for the perfect fit for your home and your pocketbook, use this info as a starting point to make an informed decision. If you need any help, feel free to contact the us at 832-752-4445, we’re glad to help you with your HVAC needs.