Tips for Estimating Your Furnace Installation Cost

Tips for Estimating Your Furnace Installation CostInstalling a new furnace is costly no matter how you look at it. There are many factors that come into play when estimating furnace installation cost. There are also things you can do to mitigate costs, such as research. You may pay more for a new heating system up front but the furnace may defray energy costs by being more efficient than other types of heating. You may pay less for your furnace initially, but pay more for utilities because of it. It pays to consider your options and decide what will work best for your situation.

  • A good example of paying less in initial costs is an electric furnace. An electric furnace is probably the least expensive option you will find, however, it is not the most efficient when it comes to energy use.
  • A natural gas furnace will be a little more costly than an electric furnace but will not be quite as expensive to run during the winter. When estimating furnace installation costs, however, you should remember that a gas furnace will cost even more to install if you also have to add gas lines to your house.
  • Oil furnaces are still available though they have grown largely out of fashion. When oil was less expensive, the oil furnace was widely available and a popular option as homeowners could fill up a holding tank, thus diminishing monthly expenses. With oil more expensive these days, you are most likely to see this type of furnace on older homes.
  • Geothermal heat pumps are probably one of the most expensive options when estimating furnace installation cost, but they are also the most energy efficient.  Depending on the size of your house and the climate you live in, the additional up front cost may be well worth the investment.

If you need to install a new furnace, or simply have questions about your current HVAC system, contact Sherlock Inc. Heating and Air. We are always happy to help.

Our goal is to help educate our customers in the greater San Diego and San Marcos, California area about energy and home comfort issues (specific to HVAC systems).

Credit/Copyright Attribution: “PJStock/Shutterstock”

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14 Comments

  • I had no idea that the installation cost could differ so much among different types of furnaces. It’s interesting that some of them are more expensive up front while saving money and energy throughout their use. I’ll be sure to keep this in mind as we look to get a new furnace. Thanks for sharing this information.

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  • You make a good distinction between gas and electric, and how each one has its advantages. My wife and I are wanting to install a gas furnace, even if the initial costs may be higher. We are not sure if the house will need the gas lines installed as well, but that is something that we will look out for when deciding. Thanks for the advice.

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  • Hello, and thank you very much for having shared this information on estimating the cost of installing your furnace. Furnaces are an important part of a home, as the comfort of the people inside usually depends on it working correctly! I think it’s good to know how much a furnace will cost to install, as it’s an important investment for a homeowner.

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  • It’s actually really good to know that, while the installation cost might be more expensive, it’ll be cheaper to run a natural gas furnace than an electric one. I’ve been trying to decide what type of furnace to get put in my home. I think I’d be willing to pay that extra installation cost if it means that keeping my home warm will be cheaper in the future.

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  • Thanks for the information! My old furnace has been using up a lot of energy lately. It was a really old furnace, so it seems like I should have a new one installed. I liked your point to have a gas furnace installed. If it can cost me less to run in my home, then it seems best to buy it, even if it will cost me a little more to pay for it upfront.

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  • Thank you very much for this information. My old furnace isn’t working great, and I was wondering what it would cost me to have a new furnace installed. I appreciate you explaining the different furnace options and their cost. That was very helpful.

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  • I had no idea there were so many types of furnaces out there. Maybe I should look into a natural gas furnace or an electric one. I think that it would be really nice to have a new furnace this upcoming winter.

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    • Hi Caleb, We would be happy to help you find the right furnace. What city do you live in?
      Thanks!
      Team Sherlock

      Reply
  • That’s a good point that installation costs aren’t the only factor to keep in mind when you are putting in a new furnace. Some systems aren’t as energy efficient as others are. I wonder if geothermal heat pumps are even an option where I live. It’s worth looking into.

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  • Even though I don’t like to admit it, it’s true that new furnace installation is costly. I just don’t want to pay an insane amount. I think I’m going to take your advice and get an electric furnace. I want the cheapest option!

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  • An estimate of a furnace installation has me thinking about for today. In the evening, a crew of installers will be coming over to my home to install a new furnace. While I wait for them to come, what must I do to prepare for the installation?

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  • Thank you for this great tip. I had a furnace installed at my house and stopped working after some time, but after reading your article about the furnace, I can get better and cost less furnace installed at my home. Your article has been very helpful.

    Reply
    • Thanks for reading! Glad it was helpful!

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  • You mentioned that a natural gas furnace wouldn’t be as expensive to run in the winter compared to an electric furnace. We have been thinking about installing a new furnace so we will have to keep these tips in mind. I think that having something that will keep us warm when it’s cold and won’t be costly will be the best option overall.

    Reply

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