Average Costs to Replace a Furnace
Experienced furnace installation teams offer a variety of gas furnace systems with optimal reliability, comfort, and efficiency. Prioritize dealers who uphold high standards of installation expertise, consumer satisfaction, and product knowledge when looking to replace your furnace. Established technicians may offer you financing options depending on your budget. Here are factors that influence the average costs of replacing a furnace:
Furnace Capacity
When the capacity of the furnace accounts for factors like your premise’s square footage and insulation materials used, you may experience more efficient furnace operations. Poor insulation materials around your house may require a larger furnace. Larger square footage also influences the need for larger furnaces, enabling efficient heat control.
HVAC contractors help residential homeowners determine their furnace capacity by performing accurate heat load calculations. The contractors apply industry-standard approaches that measure heating and cooling units in British Thermal Units (BTUs). Factors that affect capacity include the square footage of the building and the insulation materials used. Higher furnace capacities lead to higher costs of furnace installation and equipment. Undersized furnace systems may cause you to overpay utility bills, leading to higher overall costs.
Fuel Source
Electric furnaces can be less expensive upfront than those that use natural gas. The high upfront costs of natural gas furnaces may justify their relatively low operating costs During operation, electric furnaces take a longer period to transmit heat energy compared to gas heaters. This causes the furnaces to operate more frequently, leading to their higher operating expenses. Your area’s electricity grid also determines the expenses you incur from your electric furnace. The costs of operating your electric furnace could vary depending on the location of the electricity grid.
Labor Costs
Labor takes up a significant fraction of the project budget for replacing residential furnaces. Recognized contractors help you install the furnace correctly by applying their skills and knowledge. They may reconfigure your vent work or upgrade electrical lines. The modifications influence higher furnace replacement costs. Reputable contractors offer flexible financing options so you can select one that fits your budget.
Applicable Permits
Local laws may require payment of furnace repair permits. Permits could include installation, building, and electrical licenses that help enhance the safety and quality standards of furnace installation. When replacing a furnace, some jurisdictions prompt you to acquire an installation permit that adds to the replacement costs.
Acquiring a permit may involve an onsite inspection, which has variable costs depending on the size of your premise. You typically incur higher charges for inspections covering larger spaces. Property owners are likely to incur higher permit costs when dealing with commercial properties or multi-family properties.
Furnace Efficiency
Annual fuel utilization efficiency (AFUE) measurements help determine the efficiency of your furnace. This measurement compares consumed energy to the annual output of heat. Electric furnaces have higher efficiencies in the range of 95 to 100 percent. Experienced contractors may offer efficient gas furnaces that can reach an AFUE of 97.3%. Furnace replacements done with high-efficiency furnaces are likely to have relatively high upfront costs that become less costly over time.
Heating Systems
The overall efficiency of your heating system also affects furnace costs. A furnace replacement channeling hot air to the ductwork influences significant energy loss before the air gets to the heating zone. Increasing the overall efficiency of your heating system by preventing lost heat increases the system’s value.
Experienced contractors recommend measures such as the addition of insulation or replacement of ductwork. These adjustments may cause an intitial increase in cost for your furnace installation, but implementing these measures helps decrease long-term operating costs due to the increased efficiency of your heating system.
Hire a Professional for Furnace Installation Today
Seek the help of established furnace installation technicians to replace aging furnaces. Older furnaces with minimal efficiency in heat generation will add to the operating costs. Replacing your furnace with the help of skilled contractors helps reduce the long-term costs. They help you implement a modern heating system by enhancing the efficiency of furnace components.
Knowledgeable technicians determine the need for replacement by assessing elements like the increasing frequency of furnace repairs and your premise’s air quality. Reach out to furnace contractors today to learn more about the average costs of furnaces.
