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A furnace is a must-haveheating systemfor many homeowners.
With proper maintenance, most furnaces last more than 15 years.
However, malfunctions, user error, and harsh weather can hasten the need to replace your furnace sooner.
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So when the time comes, how much should you prepare to pay to replace a furnace?
Average Cost of Furnace Replacement
Replacing a furnace is going to cost a few thousand dollars.
Even though these all heat a home, they are powered differently and have different pros and cons.
Nally says, The fuel source will impact the sourcewith gas furnaces being more expensive.
An electrical furnace is usually the most affordable fuel source.
Oil, natural gas, and propane can be more costly, Graham concurs.
If you only replace the furnace, the cost is lower.
The cost varies based on the furnace jot down.
The capacity of furnaces is measured in British thermal units (BTUs).
Homes in extremely cold winters may warrant higher BTUs per square foot.
The BTUs affect the cost of replacing the furnace.
They are better in areas that experience mild winters.
High-efficiency natural gas furnaces are an excellent choice for areas that experience freezing winters.
They cost more but offer savings in lower utility bills.
The higher the AFUE rating, the lower the energy costs.
Labor
Labor costs tend to vary by location.
Nally suggests shopping around before selecting a contractor.
Ways to Save on Furnace Replacement Costs
The brand of furnace you choose influences the price.
High-end brands tend to cost more than mid-range or budget-friendly ones.
Do your research and compare prices and features to see if theres more value with big-name brands.
You may want to search for sales, especially Black Friday and Cyber Monday deals.
Also, you may be eligible for tax rebates on eco-friendly furnaces.
Go for an Energy Star-rated furnace.
These are high-efficiency models that use less energy, which can save you some money on your monthly bills.
Look for anytax creditsor rebates in your area.
You might be able to find something that can offset the upfront costs of the installation, says Graham.
https://www.fixr.com/costs/furnace
https://www.angi.com/articles/how-much-does-it-cost-install-new-furnace.htm
