How Much Is a New Furnace?
A home’s HVAC system is one of the major investments you’ll make in your home. According to Forbes, the national average for a new furnace is about $5,000, with the options ranging from about $3,000 to over $10,000, which includes the new unit, installation, and disposal of an older unit. The following factors will affect how much you can expect to pay for your new unit. What Size System Do You Need? Furnace size refers to the heating capacity of a unit, usually measured in either British Thermal Units (BTU) or tonnes, which is a factor of BTU. Generally, the larger the unit, the more it’ll cost. It’s important to get the proper size unit for your home to avoid unusual strain, increasing the operational costs and the number of repairs, and shortening the unit’s service life. Are Your Installing a Standard or High-Efficiency Unit? Next, consider the rated efficiency of the new unit. Standard efficiency systems have an efficiency rating of between about 80% and 89%. High-efficiency systems run between 90% and 98%. High-efficiency systems have modulating burners, variable-speed fans, and dual heat exchangers. All of this allows the unit to run in very small increments so that you...
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