The simple truth is that replacing your old heating system is going to be expensive. According to HomeAdvisor, installing a new furnace can cost anywhere from $2,500 to $10,000 depending on the materials, equipment, and labor costs involved. What it will cost for you to replace your old system depends on several factors.
Furnace or Heat Pump
Most homes that have furnaces use natural gas as the system fuel. The price of a furnace depends on its size and efficiency level.
If your home is electrical, you probably have a heat pump paired with an air handler. A typical installation handles heating and cooling year-round. If you have an electric furnace, many HVAC companies in Willow Grove PA will recommend switching to a heat pump for efficiency. Heat pump installations are usually higher than a gas furnace.
Furnaces are rated for annual fuel unit efficiency, also known as AFUE. The higher the AFUE rating, the more efficient the system is and the higher the cost of the furnace.
Furnace size is determined by how many BTUs (British Thermal Units) the system puts out. The size of the furnace needs to be closely matched to the square footage being heated for maximum efficiency. If the system is too large, it will turn on and off frequently, causing excessive wear and tear. If the system is too small, it will run constantly just to keep the space warm.
The larger the unit, the higher the cost will be.
Most installations require one workday to complete with a two-man crew. That does not include the cost of making repairs to ductwork or other components in the old set-up. If the system is in a difficult location, this can extend the installation time required, which can increase labor costs.
Brand of Furnace
High-end brands always cost more than others. We will work with you to determine which system is best for your home and make a recommendation with your budget in mind. Many lesser known brands will do the job at a much lower cost.
Your heating system replacement cost will depend on all these factors. The best way to find out what yours will cost is to get a few quotes. Most companies offer free estimates. When you have a few in hand, you will have a good idea of what it will cost.