There are certain things that are bound to get your attention when they fail to work. Your furnace is just one of them. There is little as bad as having a broken furnace, especially during the cold St. Louis winter nights. With a broken furnace comes several questions, with the fundamental one being what would it cost to replace the furnace. The truth is, every homeowner has different needs, so there is no universal answer to the question. However, in this article, we will highlight some of the key factors that affect the cost of replacing a furnace as well as give you some rough estimates.
If you are having any furnace problems in the greater St. Louis area and don’t know how to go about fixing them, don’t worry. Galmiche & Sons has been a leading HVAC company for the people of St. Louis for many years. Call us today at 314-993-1110, and we will take care of all your heating & air conditioning issues and walk you through the cost of replacing your furnace.
Factors That Affect the Cost to Replace a Furnace
Given that the cost to replace a furnace will vary, several factors need to be considered first. Considering these factors will give a rough estimate of how much you are going to need to spend on a new unit.
- Type of furnace: The type of furnace is one of the main factors that affects furnace replacement cost. Determined by its energy source, there are three basic types of furnaces: electric furnaces, gas furnaces, and oil furnaces. Electric furnaces tend to be the cheapest option with installation costs at roughly $1900- $2700. However, these furnaces are not efficient, as they tend to use a lot of energy especially if used to heat large spaces. The cost to replace a gas furnace has an average cost of between $2100 and $4600. Oil furnaces tend to be the most expensive with averages of between $2900 and $6400.
- The efficiency of the furnace: The good news is that nowadays all furnaces are much more efficient than before. The bad news is that the more efficient a furnace, the more expensive it will be. When you are searching for a furnace, remember that the cost to replace your furnace will depend on how efficient the furnace you choose will be. A highly efficient furnace may cost between $400 and $1,000 to purchase and install but you will save on energy costs in the long run.
- Installation costs: Inevitably, installing a new furnace will come with some labor costs. However, the cost to replace your furnace will be higher depending on how difficult it is to do the installation and whether or not you need ductwork installed.
- Size of the furnace: Of course, just like any other thing, a bigger furnace will be more expensive. Yet, having a furnace of the right size will certainly save you. Rather than to spend so much on a furnace only to have your energy bills increase over the years, you should have a professional conduct a manual HVAC load test to determine what size furnace you should get.
Learn More About How Much It Would Cost to Replace Your Furnace!
We hope that this article will help you determine about how much it would cost to replace your furnace. If you need any additional information or would like a quote for HVAC system replacement, do not hesitate to call us. At Galmiche & Sons, we will do what it takes to ensure your heating & air conditioning unit is working perfectly. Call us today at 314-993-1110.
