How much does an electric furnace cost with replacement in Canada?

Factors like brand, efficiency ratings, and technological features can greatly affect the cost of the electric furnace. Units with advanced features, such as variable-speed blowers and greater energy efficiency, could cost as much as $3,500, while basic models might start as low as $1,000. Both the upfront cost and the potential savings from lower energy costs in the long run are affected by the model choice.

The existing house infrastructure's quality and the installation's complexity are two major factors that might significantly affect the final installation cost. Electric furnace replacements that are straightforward and can be easily integrated with the current electrical system and existing ductwork can cost anywhere from $800 to $1,500.

Costs can rise to $2,500 or more for more complicated installations that necessitate substantial electrical improvements or ducting modifications. It is critical to consult with HVAC experts who can evaluate your home's unique features in order to receive an accurate price.

The price of a new electric furnace could vary depending on where you live in Canada. Due to the greater cost of living, labor rates in urban regions like Vancouver or Toronto may be higher, while installation costs in rural areas might be lower, but equipment transportation fees could be higher. The total cost might be affected by the need for more powerful and efficient systems in colder areas.

Your home's size and insulation level should be considered when deciding on a furnace size, which is typically expressed in British Thermal Units (BTUs). Oversizing a furnace will cause ineffective cycling and uneven heating, while under sizing it would cause it to operate continuously, increasing wear and tear and energy expenses.

Accurate sizing requires meticulous calculations that take into account the home's design, square footage, and insulation levels. The size, electric furnace capacity, and energy considerations decide the final price.

Additional expenses could result from the need to remove and dispose of an existing electric furnace, which can drive up the total cost of furnace replacement. The disposal of outdated heating systems may be subject to specific regulations imposed by certain municipalities, especially in cases where dangerous elements are present. To avoid any unpleasant surprises, make sure the HVAC provider has included the cost of removal and disposal in their quote.

The energy efficiency of electric furnaces is often higher than that of gas furnaces; in fact, some types reach nearly 100% efficiency. Saving money in the long run is possible due to the efficiency factor. To further alleviate the financial burden of the higher initial investment required for the most energy-efficient furnace models, there are a number of provincial and federal programs that provide rebates for their installation.

While the initial investment in high-efficiency electric furnaces may be higher, the long-term savings on energy bills can be substantial. It's important to consider how the efficiency of a furnace will affect your monthly energy bills, especially in regions with high electricity rates. Electric forced air furnaces with a high Annual Fuel Utilization Efficiency (AFUE) rating will use less energy to heat your home, translating to lower energy expenses over time.

Before committing to a new electric furnace, it's advisable to have a professional HVAC technician like us conduct a thorough assessment of your home. This assessment should include a review of your current heating system, ductwork condition, and electrical setup. We provide a detailed quote following this review, outlining all potential costs, from the purchase and electric furnace installation to any necessary modifications to your home’s infrastructure.