Ottawa Furnace Price Guide

Is your current furnace at the end of its lifespan? Do you want to know the cost savings of upgrading to a high-efficiency furnace or converting from oil or electric to a gas furnace? We’ve put together this furnace prices guide give you a better sense of the average cost and annual savings associated with purchasing a new furnace.

High-Efficiency Furnace Prices

High-efficiency furnaces use less energy to heat your home to the desired temperature. This has two big benefits for you as a homeowner. One, an efficient system has to work less hard to reach the right temperature, which means less wear and tear on the system over the years. Two, saving energy means saving money on your utility bills month after month.

Average Cost: $3,000 to $5,500
Annual savings on electricity and gas: $200 to $400

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High-Efficiency Furnace with Air Conditioner Prices

Central air uses the ductwork already in place for your forced-air furnace to cool your home throughout the summer months. It’s a cost-efficient way to get the best of both worlds, rather than using expensive and inefficient window air conditioners.

Average Cost: $6,000 to $10,000
Annual savings on electricity and gas: $300 to $500

 

Converting from Oil Furnace to Gas Furnace Prices

Gas is a much more efficient and less expensive fuel source than oil. The annual fuel cost savings will cover the cost of conversion in just five years.

Average Cost: $5,000 to $7,000
Annual savings on electricity and gas: $1,000 to $1,500

*NOTE: You should also talk to your insurance provider as they are likely charging you extra for having an oil system. This is an additional cost savings that you will enjoy as a result of converting to gas.

 

Converting from Electric Baseboard to Gas Furnace Prices

Electric baseboard heating is very expensive and simply not suited to Canada’s chilly climate. Though it will take about ten years to return the cost of converting from electric baseboard to gas heating, additional incentives and rebates can assist.

Average Cost: $10,000 to $16,000
Annual savings on electricity: $1,500 to $2,500

 

High-Efficiency Heat Pump System Prices

A heat pump moves heat from one location to another, cooling your home in the summer and heating it in the winter months. Though a single heat pump is not an adequate heating source for the harsh Canadian climate, they can offer considerable cost savings when added to another heating source.

Average Cost: $14,000 to $16,000
Annual savings on electricity: $1,500 to $2,500

To learn more about Ottawa furnace prices or to get more information on the latest high-efficiency systems, call Advanced HVAC today or request a free quote online. With an upgraded system, you get to put money back in your pocket right away with rebates and incentives and enjoy long-term cost savings. Best of all, you get to enjoy total home comfort.